The Gender Pay Gap, i.e. the differences between the average wages of women and men, in Austria is quite high compared to the European average. These differences are also reflected in pensions: the average women’s pensions are more than 39,5 percent lower than men’s (Eurostat 2018). Based inter alia on a high female part-time employment rate, longer interruptions of working life and sector-specific differences in wages this leads to a significant higher risk of poverty for female pensioners compared to men.
The EU-co funded project "TRAPEZ – transparent pension future – securing women’s economic independence in old age" aims at a thorough analysis of the Austrian Gender Gap in Pensions (GGP), and at highlighting possible options for actions to reduce the GGP and to improve the independent security of women in old age. The project is carried out in cooperation with the Austrian Federal Ministry for Labour, Social Affairs, Health and Consumer Protection, the Austrian Institute for Economic Research WIFO and with the Working Life Research Centre FORBA.
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