Towards Improved Retirement Savings Outcomes for Women
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.
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| Autor Corporativo: | |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris :
OECD Publishing
2021.
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704654706719 |
Tabla de Contenidos:
- Intro
- Foreword
- Editorial
- Executive summary
- Key findings
- Policy guidelines
- 1 Assessing the gender gap in retirement savings arrangements
- 1.1. Measuring the gender gap in pensions
- 1.2. Assessing the overall gender pension gap
- 1.3. Evidence of a gender gap in retirement income from funded sources
- 1.4. Labour-market factors driving the gender pension gap
- 1.5. Other factors driving the gender pension gap coming from retirement savings schemes
- 1.5.1. Women participate less in retirement savings plans than men 1.5.2. A gender gap in pension assets widens progressively during the accumulation phase
- 1.5.3. How the gender gap in retirement savings during the accumulation phase can materialise further at retirement
- 1.6. Conclusions
- References
- Annex 1.A. Retirement income in different household surveys
- Notes
- 2 Understanding the gender pension gap beyond labour market drivers through a literature review
- 2.1. Gender differences in risk aversion
- 2.1.1. Women's lower tolerance for financial risk
- 2.1.2. Different attitudes towards gambling and competition 2.1.3. Impact of the marital status on risk aversion
- 2.1.4. Impact of financial education on risk aversion
- 2.2. Gender differences in financial literacy
- 2.2.1. Differences in financial literacy
- 2.2.2. Gender differences in priorities: spending versus saving
- 2.2.3. Examples of financial education campaigns aiming at improving the financial literacy of women
- 2.3. Couples and the retirement income gap
- 2.3.1. Couples and financial decision-making
- 2.3.2. The marital status of retirees can influence their retirement income
- 2.4. Gender stereotyping 2.4.1. From an early age in the choice of scientific topics, to career choices
- 2.4.2. Focusing on caregiving and the impact of childcare costs
- 2.4.3. The effect of gender stereotyping on gifting by grandparents
- 2.4.4. Impact of gender stereotyping by advisors
- 2.5. Communication and framing
- 2.5.1. Effect of information bias by gender
- 2.5.2. Need to target communication towards women
- 2.5.3. Examples of communication campaigns targeted at women
- 2.6. Recent positive trends
- References
- Notes 3 What drives the gender pension gap? Case studies from the United States, Germany and Finland
- 3.1. Summary of pension plans analysed in this chapter
- 3.2. Approach
- 3.3. Drivers of the pension gaps in occupational pension plans
- 3.3.1. Coverage gap
- United States
- Germany
- Finland
- 3.3.2. Assets and entitlements
- United States
- Germany
- Finland
- 3.4. Drivers of the pension gaps in personal pension plans
- 3.4.1. Coverage
- Germany
- Finland
- 3.4.2. Assets and contributions
- Germany
- Finland
- 3.5. Discussion and conclusion
- References
- Annex 3.A. Data
- Panel study of income dynamics(PSID)
- Household Finance and Consumptions Survey (HFCS)
- Annex 3.B methodology
- Annex 3.C Detailed modeling results
- Notes
- 4. Gender implications of the design of retirement savings plans
- 5. Policy options for finded retirement savings arrangements to tackle the gender gap.
