08 Mar 2019

Mind the Gender Pensions Gap

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CEPS is a partner in the MInd the GAp in PEnsions (MIGAPE) project on gender pension gaps financed by DG Just, which starts on 1 April 2019.

CEPS is pleased to announce its participation in the recently initiated Horizon 2020 project MIGAPE (Mind the GAp in PEnsions). Together with the Belgian Federal Planning Bureau, CEPS will co-ordinate the work of simulating and communicating the projections of the gender pension gaps in various member states and assessing linkages with previous labour market behaviour.

The Gender Pension Gap refers to the fact that women generally receive a lower pension than men. In most EU member states the pension an individual receives at retirement is in a direct or indirect way a function of their past career and earnings. The Gender Pension Gaps therefore result from a number of factors; including differences between men and women in labour market behaviour and pay. However, the relation between the earnings gap and differences in participation rates, on the one hand, and pension gaps later in life, is far from linear and depends on many mediating aspects, including state transfers and especially the “compensating” or redistributive elements embedded in the state (first-tier) pension systems of all countries.

The objectives of this 2-year project can be grouped along three related axes.

  1. To provide information on the consequences of labour market decisions in the various stages of life on the future pension benefits of women by standard economic simulation techniques.
  2. To use dynamic microsimulation techniques to estimate the impact of various factors on future gender pension gaps for the population as a whole.
  3. To assess psychological factors that may affect (women’s) employment decisions through an on-line survey and some laboratory experimentation.

In this project, CEPS will join forces with the Federal Planning Bureau (scientific coordinator, Belgium), the Center for Social and Cultural Psychology, KU Leuven (Belgium), the University of Liechtenstein (Liechtenstein), IER (Slovenia), LISER (Luxembourg), and the ICS/University of Lisbon (Portugal).

Contact Mikkel Barslund (Mikkel.barslund@ceps.eu) for further information.

This project is funded by the European Union’s Rights, Equality and Citizenship Programme (Grant Agreement number: 820798 — MIGAPE — REC-AG-2017/REC-RGEN-PENS-AG-2017)