Gender Pension Gap 2023-01-25
2023-01-25
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
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Context
The gender pension gap persists due to historical labour market inequalities, affecting women's retirement incomes. The issue is particularly acute for women born in the 1950s who were affected by changes to state pension age.
What recent assessment has been made of the implications for government policies of the gender pension gap? This includes the larger gap compared to the pay gap and its impact on retired women's reliance on pension credit.
We have taken steps such as shared parental leave and mandatory gender pay gap reporting. We monitor pension contributions by gender and publish data regularly. Funding returner programmes supports those who have taken time out for caring responsibilities, and pension sharing on divorce is available.
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Assessment & feedback
The specific ask regarding urgent action for WASPI women was not directly addressed.
Response accuracy
Q2
Partial Answer
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Context
The gender pension gap is larger than the pay gap, leading to more retired women relying on pension credit. This issue persists and affects a significant portion of women in the UK.
More generally, the gender pension gap is significantly larger than the gender pay gap and applies to many UK women who are likely to be poorer in retirement and rely on pension credit. Will the Minister urgently address this injustice or ignore it?
We monitor pension contributions by gender and publish data regularly. Funding returner programmes supports those who have taken time out for caring responsibilities, and pension sharing on divorce is available.
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Assessment & feedback
The specific ask regarding urgent action for WASPI women was not directly addressed.
Response accuracy