Spain: women get poorer pensions

A study has shown that the average pensions paid to women in Spain are 38% less than what men receive.

 

The IESE, the graduate business school of the University of Navarra, has reported that average pension figures for Spaniards are €659 for women and €1,097 for men.

The difference is largely due to the short working life of Spanish women, which is the lowest in Europe at only 12.8 years. Men here work for 43.4 years on average.

Salary levels were also found to be notably different, with women receiving 23% less than male workers.

Additionally, women often have to leave their jobs for family reasons, which adds to the disparity in pension payments between the two sexes.

Women tend to live longer than men and Spain’s population, like that of Britain, is aging.

The study proposes that women should receive pension benefits for periods when they have been acting as unpaid carers, since such tasks are of great social value and should not lead to women being penalised in later life.

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