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Top EU countries where pension gap between men and women is highest

European women receive pensions that are approximately 40% lower than those of men, according to the European Parliament.

Recent data for 2015 showed that the average difference between the pensions of women aged over 65 and men of the same age is of 38,5%.

The largest gender pay gap was found in Cyprus, where the percentage is above the EU average: 48,8%. Cyprus is followed by Germany (46,5%), The Netherlands (46%), Austria (41,9%) and Luxembourg (40%).

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At the opposite end, the smallest gaps are found in Lithuania (15,4%), Czech Republic (13,4%), Hungary (13,2%), Slovakia (8,3%) and Estonia (3,7%).

Great Britain comes sixth in the EU, with 39,5%.

Top EU countries where pension gap between men and women is highest
Source: European Parliament

The European Parliament emphasized that this phenomenon is the result of differences in the labour market, as well as the imbalance regarding career and family life. Therefore, a higher proportion of women work part-time, compared to men (32% versus 8%), while women have lower salaries and also spend less time working in favour of raising their children and taking care of their family.

In this context, MEPs voted on June 14 a resolution meant to reduce the gap in the pensions given to men and women.

According to the document, the measures include reducing inequality through eliminating gender discrimination and stereotypes that block the access to the work market and strengthening the principle of respecting gender equality when it comes to salaries.

Diane Stinsow

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