IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v20y2023i10p5912-d1152770.html
   My bibliography  Save this article

What’s Your Pension Story? Women’s Perspectives during the COVID-19 Pandemic on Their Old-Age Pension Status, Past and Present

Author

Listed:
  • Anat Herbst-Debby

    (The Gender Studies Program, Bar-Ilan University, Ramat Gan 5290002, Israel)

Abstract

This study examines the present and retrospective views of mothers who are nearing or are at retirement age regarding their economic status, pension planning, and perceptions of state pension policy. The paper addresses gaps in the literature on the cross-intersections of employment history, vulnerable economic retirement status, and marital and parental status, thereby adopting a life course perspective. Based on in-depth interviews of thirty-one mothers (ages 59–72) during the COVID-19 pandemic, the findings revealed five themes—economic abuse: an unequal distribution of pension funds following divorce; regrets over past choices; COVID-19 and pensions; the state’s responsibility for old-age economic security; and knowledge is important, and I can help others. The study concludes that the majority of women at these ages perceive their current economic situation as a product of insufficient familiarity with pension plans, while voicing opinions about the state’s irresponsibility regarding people of retirement age.

Suggested Citation

  • Anat Herbst-Debby, 2023. "What’s Your Pension Story? Women’s Perspectives during the COVID-19 Pandemic on Their Old-Age Pension Status, Past and Present," IJERPH, MDPI, vol. 20(10), pages 1-20, May.
  • Handle: RePEc:gam:jijerp:v:20:y:2023:i:10:p:5912-:d:1152770
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/20/10/5912/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1660-4601/20/10/5912/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gopi Shah Goda & Emilie Jackson & Lauren Hersch Nicholas & Sarah See Stith, 2023. "The impact of Covid-19 on older workers’ employment and Social Security spillovers," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(2), pages 813-846, April.
    2. Erika K. Palmer, 2017. "Structural Disadvantage: Evidence of Gender Disparities in the Norwegian Pension System," Social Sciences, MDPI, vol. 6(1), pages 1-15, February.
    3. Amit Kaplan & Anat Herbst-Debby, 2015. "Stratified patterns of divorce," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 32(34), pages 949-982.
    4. repec:cai:poeine:pope_1201_0123 is not listed on IDEAS
    5. Carole Bonnet & Dominique Meurs & Benoît Rapoport, 2018. "Gender inequalities in pensions: different components similar levels of dispersion," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 527-552, December.
    6. Carole Bonnet & Dominique Meurs & Benoît Rapoport, 2018. "Gender inequalities in pensions: different components similar levels of dispersion," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 527-552, December.
    7. Maarten C.J. van Rooij & Annamaria Lusardi & Rob J.M. Alessie, 2012. "Financial Literacy, Retirement Planning and Household Wealth," Economic Journal, Royal Economic Society, vol. 122(560), pages 449-478, May.
    8. Peter Lloyd-Sherlock & Barbara Corso & Nadia Minicuci, 2015. "Widowhood, Socio-Economic Status, Health and Wellbeing in Low and Middle-Income Countries," Journal of Development Studies, Taylor & Francis Journals, vol. 51(10), pages 1374-1388, October.
    9. Titan Alon & Matthias Doepke & Jane Olmstead-Rumsey & Michèle Tertilt, 2020. "The Impact of COVID-19 on Gender Equality," CRC TR 224 Discussion Paper Series crctr224_2020_163, University of Bonn and University of Mannheim, Germany.
    10. Giulia M Dotti Sani & Matteo Luppi, 2021. "Absence from Work after the Birth of the First Child and Mothers’ Retirement Incomes: A Comparative Analysis of 10 European Countries," Work, Employment & Society, British Sociological Association, vol. 35(3), pages 470-489, June.
    11. Rui Zhao & Yaohui Zhao, 2018. "The Gender Pension Gap in China," Feminist Economics, Taylor & Francis Journals, vol. 24(2), pages 218-239, April.
    12. Fausta Ongaro & Stefano Mazzuco & Silvia Meggiolaro, 2009. "Economic Consequences of Union Dissolution in Italy: Findings from the European Community Household Panel," European Journal of Population, Springer;European Association for Population Studies, vol. 25(1), pages 45-65, February.
    13. Min Shao & Jianwei Chen & Chao Ma, 2022. "Research on the Relationship between Chinese Elderly Health Status, Social Security, and Depression," IJERPH, MDPI, vol. 19(12), pages 1-10, June.
    14. Anna Matysiak & Marta Styrc & Daniele Vignoli, 2014. "The educational gradient in marital disruption: A meta-analysis of European research findings," Population Studies, Taylor & Francis Journals, vol. 68(2), pages 197-215, July.
    15. repec:ecj:econjl:v:122:y:2012:i::p:449-478 is not listed on IDEAS
    16. Denise Burkhalter & Aylin Wagner & Sonja Feer & Frank Wieber & Andreas Ihle & Isabel Baumann, 2022. "Financial Reasons for Working beyond the Statutory Retirement Age: Risk Factors and Associations with Health in Late Life," IJERPH, MDPI, vol. 19(17), pages 1-13, August.
    17. Sarah B Andrea & Jerzy Eisenberg-Guyot & Kieran J Blaikie & Shanise Owens & Vanessa M Oddo & Trevor Peckham & Anita Minh & Anjum Hajat, 2022. "The Inequitable Burden of the COVID-19 Pandemic Among Marginalized Older Workers in the United States: An Intersectional Approach [Beyond the nurses and doctors: Structural racism and the unseen fr," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 77(10), pages 1928-1937.
    18. Namkee Ahn, 2005. "Financial Consequences of Widowhood in Europe: Cross-Country and Gender Differences," Economics Working Papers 032, European Network of Economic Policy Research Institutes.
    19. Lilach Lurie & Haya Stier, 2022. "Marital Status and Gender Inequality in Household Income Among Older Adults in Israel: Changes Over time," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(2), pages 801-820, January.
    20. Therese Jefferson, 2009. "Women and Retirement Pensions: A Research Review," Feminist Economics, Taylor & Francis Journals, vol. 15(4), pages 115-145.
    21. Struffolino, Emanuela & Mortelmans, Dimitri, 2018. "Lone Mothers in Belgium: Labor Force Attachment and Risk Factors," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 257-282.
    22. Jacqueline O’Reilly & Mark Smith & Simon Deakin & Brendan Burchell, 2015. "Equal Pay as a Moving Target: International perspectives on forty-years of addressing the gender pay gap," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 39(2), pages 299-317.
    23. Jooyeon Kang & Jungmin Park & Jaemin Cho, 2022. "Inclusive Aging in Korea: Eradicating Senior Poverty," IJERPH, MDPI, vol. 19(4), pages 1-21, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carole Bonnet & Benoît Rapoport, 2020. "Is There a Child Penalty in Pensions? The Role of Caregiver Credits in the French Retirement System," European Journal of Population, Springer;European Association for Population Studies, vol. 36(1), pages 27-52, March.
    2. Amit Kaplan & Anat Herbst-Debby, 2018. "Fragile Employment, Liquid Love: Employment Instability and Divorce in Israel," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 37(1), pages 1-31, February.
    3. Miri Endeweld & Anat Herbst-Debby & Amit Kaplan, 2022. "Do the Privileged Always Win? Economic Consequences of Divorce by Income and Gender Groups," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(1), pages 77-100, January.
    4. Tabea Bucher-Koenen & Annamaria Lusardi & Rob Alessie & Maarten van Rooij, 2017. "How Financially Literate Are Women? An Overview and New Insights," Journal of Consumer Affairs, Wiley Blackwell, vol. 51(2), pages 255-283, July.
    5. Anna Jędrzychowska & Ilona Kwiecień & Ewa Poprawska, 2020. "The Motherhood Pension Gap in a Defined Contribution Pension Scheme—the Case of Poland," Sustainability, MDPI, vol. 12(11), pages 1-18, May.
    6. Nolan, Anne & Whelan, Adele & McGuinness, Seamus & Maître, Bertrand, 2019. "Gender, pensions and income in retirement," Research Series, Economic and Social Research Institute (ESRI), number RS87.
    7. Marcela PARADA‐CONTZEN, 2023. "Gender, family status and health characteristics: Understanding retirement inequalities in the Chilean pension model," International Labour Review, International Labour Organization, vol. 162(2), pages 271-303, June.
    8. Michael A. Nelson & Rajeev K. Goel, 2023. "Spillovers from gender equality onto economic equality: Evidence from 162 nations," Journal of International Development, John Wiley & Sons, Ltd., vol. 35(6), pages 1365-1388, August.
    9. Carla Rowold, 2024. "Full-time employment is all that matters? Quantifying the role of relevant and gender-exclusive life course experiences for gender inequalities," MPIDR Working Papers WP-2024-021, Max Planck Institute for Demographic Research, Rostock, Germany.
    10. M. Costa, 2019. "The evaluation of gender income inequality by means of the Gini index decomposition," Working Papers wp1130, Dipartimento Scienze Economiche, Universita' di Bologna.
    11. Alisa C. Lewin & Haya Stier, 2023. "When Marriage Ends: Differences in Affluence and Poverty Among Older Adults in Israel," European Journal of Population, Springer;European Association for Population Studies, vol. 39(1), pages 1-20, December.
    12. Gopi Shah Goda & Emilie Jackson & Lauren Hersch Nicholas & Sarah See Stith, 2023. "The impact of Covid-19 on older workers’ employment and Social Security spillovers," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(2), pages 813-846, April.
    13. Marco Colagrossi & Claudio Deiana & Andrea Geraci & Ludovica Giua, 2022. "Hang up on stereotypes: Domestic violence and an anti‐abuse helpline campaign," Contemporary Economic Policy, Western Economic Association International, vol. 40(4), pages 585-611, October.
    14. Jacek Rothert, 2020. "Optimal federal redistribution during the uncoordinated response to a pandemic," Departmental Working Papers 64, United States Naval Academy Department of Economics.
    15. Yoshihiko Kadoya & Mostafa Saidur Rahim Khan, 2018. "Can financial literacy reduce anxiety about life in old age?," Journal of Risk Research, Taylor & Francis Journals, vol. 21(12), pages 1533-1550, December.
    16. Lee, Boram & Rosenthal, Leonard & Veld, Chris & Veld-Merkoulova, Yulia, 2015. "Stock market expectations and risk aversion of individual investors," International Review of Financial Analysis, Elsevier, vol. 40(C), pages 122-131.
    17. Foliano, Francesca & Tonei, Valentina & Sevilla, Almudena, 2024. "Social restrictions, leisure and well-being," Labour Economics, Elsevier, vol. 87(C).
    18. Brodeur, Abel & Clark, Andrew E. & Fleche, Sarah & Powdthavee, Nattavudh, 2021. "COVID-19, lockdowns and well-being: Evidence from Google Trends," Journal of Public Economics, Elsevier, vol. 193(C).
    19. Matthew Fisher & Milica Mormann, 2022. "The Off by 100% Bias: The Effects of Percentage Changes Greater than 100% on Magnitude Judgments and Consumer Choice [Numerosity and Consumer Behavior]," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 49(4), pages 561-573.
    20. Bannier, Christina E. & Neubert, Milena, 2016. "Gender differences in financial risk taking: The role of financial literacy and risk tolerance," Economics Letters, Elsevier, vol. 145(C), pages 130-135.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijerp:v:20:y:2023:i:10:p:5912-:d:1152770. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.