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Einrichtung: gesis
Link: Volltext
Verfasst von: Dekkers, Gijs; Van den Bosch, Karel; Barslund, Mikkel; Kirn, Tanja; Baumann, Nicolas; Kump, Nataša; Liégeois, Philippe; Moreira, Amílcar; Stropnik, Nada
In:
Jahr: 2022
Band: 11
ISSN: 2076-0760
Sprache: Englisch
Beschreibung:
This article explores how the Gender Pension Gap (GPG) - the relative difference in average pension received by men and women - might evolve in the future in various European countries, given past, current, and projected future labour market behaviour and earnings of women and men, and current pension regulations. The GPG reflects career inequalities between women and men, though these are partly mitigated by the redistributive impact of the public retirement pensions. They are further mitigated by survivor benefits. This study aims to document both mechanisms in the projections of the GPG. As the GPG varies widely across European countries, we analyse countries with a high (Luxembourg), high and low middle (Belgium and Switzerland Portugal), and low (Slovenia) GPG. We find that the GPG will fall significantly in all five countries over the coming decades. The fundamental drivers behind this development are discussed. In addition to the base scenario, we simulate two variants to show the impact of the Gender Pension Coverage Gap and of survivor pensions. Additionally, we project the GPG if current labour market gender gaps were to remain at their present level, and, conversely, if these were to disappear overnight. These alternative scenarios, one of which also serves as a robustness test, suggest that the future decline of the GPG is largely the result of labour market developments that have already happened during the past decades.
Anmerkung:
begutachtet (peer reviewed)
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gesis