Case Study 1: The Impact of Career Interruption
The gender pension gap in Ireland is exacerbated by career interruptions that often affect women more than men. This study explores the long-term effects of maternity leave and caregiving responsibilities.
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Women typically take longer breaks from work for child-rearing, which can diminish their lifetime earnings and consequently their pension savings. Solutions include increasing access to affordable childcare and flexible work arrangements.
Case Study 2: Pay Disparity and its Long-term Effects
This case study analyzes the correlation between the gender pay gap and the gender pension gap, highlighting data from various sectors in Ireland.
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Women's lower average earnings lead to significantly reduced pension contributions. Addressing pay equity through legislation and corporate policies can help close this gap.
Case Study 3: Financial Literacy and Retirement Planning
Financial literacy plays a crucial role in retirement planning. This study investigates the lack of financial education among women in Ireland.
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Empowering women with financial knowledge can enhance their ability to plan for retirement. Initiatives aimed at improving financial education are essential in bridging the pension gap.