Towards Improved Retirement Savings Outcomes for Women

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Labour market inequalities are well-known to be the main drivers of the gender pension gap. This publication focuses on helping governments find solutions for retirement savings arrangements that do not further exacerbate these inequalities. This study first analyses why the gender pension gap exists and sheds light on some of the behavioural and cultural factors that contribute to these inequalities. Country case studies assess how demographics, labour markets and other factors may affect gaps in pension coverage, assets and entitlements. The study then explores how the design of retirement savings plans affects men and women differently. Finally, it provides policy options to improve retirement savings outcomes for women and to help close the gender pension gap.


Understanding the gender pension gap beyond labour market drivers through a literature review

This chapter explores the literature to shed light on some drivers of the gap in retirement income between men and women, beyond those directly linked to the labour market. It discusses some of the cultural and behavioural factors which may play a role in the gender pension gap by affecting individual decisions linked to retirement, and looks at the influence of societal interactions on retirement outcomes by gender.


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