Women and Retirement in a Post Covid-19 World

Dale, Margaret; John, Susan St

doi:10.2139/ssrn.3869286

Cited by 1 publication

(2 citation statements)

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“…This was further exacerbated by the loss of jobs during the COVID-19 pandemic, which led to a rise in retirement among the older individuals and women [86]. Early retirement can reduce the pension benefits and raise income inequality in later years [87,88].…”

Section: Discussionmentioning

confidence: 99%

“…Early retirement can lead to losses in future retirement savings, thereby reducing pension benefits, and raising income inequality in one's later years [87]. A recent study in New Zealand [88] suggested that, in the wake of the pandemic, women will have more trouble restoring their depleted savings than men, will be more affected by lower employment opportunities, and will also be more dependent on their pension benefits. The authors expect older female poverty to worsen considerably in the post-COVID years.…”

Section: Vulnerability In the Wake Of The Covid-19 Pandemicmentioning

confidence: 99%

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What’s Your Pension Story? Women’s Perspectives during the COVID-19 Pandemic on Their Old-Age Pension Status, Past and Present

Herbst-Debby

2023

IJERPH

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This study examines the present and retrospective views of mothers who are nearing or are at retirement age regarding their economic status, pension planning, and perceptions of state pension policy. The paper addresses gaps in the literature on the cross-intersections of employment history, vulnerable economic retirement status, and marital and parental status, thereby adopting a life course perspective. Based on in-depth interviews of thirty-one mothers (ages 59–72) during the COVID-19 pandemic, the findings revealed five themes—economic abuse: an unequal distribution of pension funds following divorce; regrets over past choices; COVID-19 and pensions; the state’s responsibility for old-age economic security; and knowledge is important, and I can help others. The study concludes that the majority of women at these ages perceive their current economic situation as a product of insufficient familiarity with pension plans, while voicing opinions about the state’s irresponsibility regarding people of retirement age.

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Section: Discussionmentioning

confidence: 99%

Section: Vulnerability In the Wake Of The Covid-19 Pandemicmentioning

confidence: 99%