Drivers of the Gender Gap in Pensions
This paper explores trends and drivers behind the gender gap in pensions (GGP) in Europe, focusing on countries with notionally defined contribution (NDC) schemes: Italy, Latvia, Norway, Poland, and Sweden. Based on current gender gaps on the labor market, the paper relates the progressivity of pension systems and the coverage of child care related spells to the GGP. It shows that NDC countries do not stand out as a group compared to other European countries in terms of pension outcomes for women. Nevertheless, NDC countries differ significantly from one another. Choices of indexation of pensions in payment and survivors’ pension options have a strong impact on genderinequalities. Still, labor market differences are the most important driver of the GGP.
Main Authors: | , |
---|---|
Format: | Working Paper biblioteca |
Language: | English |
Published: |
World Bank, Washington, DC
2019-04
|
Subjects: | GENDER GAP, PENSIONS, NOTIONALLY DEFINED CONTRIBUTION, LABOR MARKET, |
Online Access: | http://documents.worldbank.org/curated/en/156741556876199964/Drivers-of-the-Gender-Gap-in-Pensions-Evidence-from-EU-SILC-and-the-OECD-Pension-Model https://hdl.handle.net/10986/31625 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Summary: | This paper explores trends and drivers
behind the gender gap in pensions (GGP) in Europe, focusing
on countries with notionally defined contribution (NDC)
schemes: Italy, Latvia, Norway, Poland, and Sweden. Based on
current gender gaps on the labor market, the paper relates
the progressivity of pension systems and the coverage of
child care related spells to the GGP. It shows that NDC
countries do not stand out as a group compared to other
European countries in terms of pension outcomes for women.
Nevertheless, NDC countries differ significantly from one
another. Choices of indexation of pensions in payment and
survivors’ pension options have a strong impact on
genderinequalities. Still, labor market differences are the
most important driver of the GGP. |
---|