Vlachantoni, Athina (2024) Older women and comparative pension inequalities in the UK and US. In, Westwood, Sue and Knauer, Nancy J. (eds.) Research Handbook on Law, Society and Ageing. (Research Handbooks in Law and Society) Edward Elgar Publishing, pp. 298-310. (doi:10.4337/9781803925295.00030).
Abstract
The gender gap in labour market participation has, both in terms of the nature and of the duration of such participation, closed significantly since the 1970s. Nevertheless, the literature still shows important differences in men’s and women’s working lives and patterns of informal care provision. This chapter explores the inequalities which result from the way in which such differences interact with modern pension system regulations. Drawing on literature and evidence mostly from the UK and US, the chapter discusses how such gender differences are treated in modern pension systems, affecting the extent to which men and women are compensated by pension systems while being outside paid work. The chapter draws on the key arguments made to propose a design for future pension systems, which considers to a greater extent gender and other individual characteristics, and aims at reducing inequalities in the context of pension protection.
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