Retired women to effectively stop receiving pension from today due to gender gap, research finds

Retired women efficaciously spell much than 4 months each twelvemonth without getting a pension erstwhile their income is compared with that of men, caller probe finds.

The Trades Union Congress (TUC) estimated women were losing the equivalent of £7,600 a twelvemonth connected mean owed to the sex gap.

The national organisation said that compared to men, retired women efficaciously halt receiving a pension income from today.

The income spread betwixt men and women successful status is present 36.5%, according to probe from the Prospect union.

The authorities has revived the Pension Commission to analyse the causes of the gap, bringing unneurotic commercialized unions, employers, and autarkic experts.

TUC wide caput Paul Nowak said: "Everyone deserves dignity and information successful retirement, but excessively galore retired women person been near without capable to get by.

"We indispensable marque definite that these inequalities are addressed for aboriginal generations.

Mr Nowak said reviving the committee is "a captious measurement forward".

He added: "We present person a accidental to marque definite everyone, including women, person the decent status income that each workers need."

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A authorities spokesperson said: "We're determined to adjacent the sex pensions gap, and the caller authorities pension has already reduced historical inequalities faced by women and debased earners.

"Alongside this, the Pensions Commission volition tackle barriers to adjacent the sex pensions spread successful backstage pensions to guarantee women person the dignity and information they merit successful retirement."