Advertisement

The Last Word With Matt Cooper

Gender Pension Gap Shows Women Are €600 Worse Off Than Men Per Month

Women are left with significantly lower pensions than men in retirement, according to the Economic a...
Sarah Stacey
Sarah Stacey

5:40 PM - 11 Sep 2019



The Last Word With Matt Cooper

Gender Pension Gap Shows Women Are €600 Worse Off Than Men Per Month

Sarah Stacey
Sarah Stacey

5:40 PM - 11 Sep 2019

Listen to this episode



Women are left with significantly lower pensions than men in retirement, according to the Economic and Social Research Institute.

The ESRI report found that women receive €153 less than men per week, which adds up to €600 less per month and close to €8,000 less per year.

The gender pension gap is mainly due to men spending longer in the workforce. Only a third of women spend 30 years or more in the workforce, compared to 93% of men.

The reasons for this include women taking career breaks to care for children.

As a result, more men have occupational and private pensions, while women mainly depend on the state pension.

Charlie Weston, personal finance editor with the Irish Independent, says that women are very much second-class citizens when it comes to pensions.

He joined us to discuss this in more detail.

Listen to the interview in full by pressing the play button on this page.


Read more about

Gender Gap Money Pensions

Related Podcasts

Is Britney Making A Comeback O...

00:05:41

Is Britney Making A Comeback Or Is It AI?

Dave Moore

00:05:41


Music Master: Will These Quest...

00:09:43

Music Master: Will These Questions Have You Bawlin'?

Dave Moore

00:09:43


Playing Tennis, Netflix Specia...

00:12:26

Playing Tennis, Netflix Specials And Marrying Des Bishop: Comedian Hannah Berner Is Gearing Up For Her Dublin Shows

Dave Moore

00:12:26


Gift Grub: Matt Cooper's Big B...

00:03:33

Gift Grub: Matt Cooper's Big Busk Performance "Don't Quit The Day Job"

The Ian Dempsey Breakfast Show

00:03:33