abstract: 'Gender inequalities in the financial resources in later life result from

  the combined effect of women''s atypical life courses, which include

  interrupted employment records and periods of care provision, and the

  fact that pension systems have generally been slow in mitigating

  `diversions'' from continuous and full-time working lives. Gender

  differentials in financial resources can often result in a greater

  likelihood of facing poverty for older women compared to older men, and

  such risk can be experienced for longer periods for women, as a result

  of their higher life expectancy on average. For example, across the

  EU-27, 16\% of men compared to 23\% of women aged 65 and over faced a

  poverty risk, and at age 65, men can expect to live another 17 years on

  average, while women another 21 years. Although modern pension systems

  are increasingly recognising the diversity of women''s patterns of paid

  and unpaid work, for example by accounting for periods of childcare in

  the calculation of the state pension, research continues to show a

  `penalty'' for women who have spent significant periods of their life

  providing care to children or dependent adults in and outside the

  household. Reducing such penalty is particularly important as population

  ageing and an increasing demand for formal and informal care are likely

  to present challenges with critical policy implications for societies

  and individuals alike. (C) 2012 Elsevier Ireland Ltd. All rights

  reserved.'
affiliation: 'Vlachantoni, A (Corresponding Author), Univ Southampton, Ctr Res Ageing,
  Southampton SO9 5NH, Hants, England.

  Vlachantoni, Athina, Univ Southampton, Ctr Res Ageing, Southampton SO9 5NH, Hants,
  England.

  Vlachantoni, Athina, Univ Southampton, Fac Social \& Human Sci, ESRC Ctr Populat
  Change, Southampton SO9 5NH, Hants, England.'
author: Vlachantoni, Athina
author-email: a.valchantoni@soton.ac.uk
author_list:
- family: Vlachantoni
  given: Athina
da: '2023-09-28'
doi: 10.1016/j.maturitas.2012.02.015
eissn: 1873-4111
files: []
issn: 0378-5122
journal: MATURITAS
keywords: Inequality; Gender; Older people; Income
keywords-plus: POVERTY; WORK; EMPLOYMENT; FAMILY; EUROPE; CARES; PAID; LIFE; UK
language: English
month: JUN
number: '2'
number-of-cited-references: '49'
pages: 104-107
papis_id: 0a5ead8c3831d4b266a750880796df25
ref: Vlachantoni2012financialinequality
tags:
- relevant
- review
times-cited: '23'
title: Financial inequality and gender in older people
type: article
unique-id: WOS:000304788200004
usage-count-last-180-days: '2'
usage-count-since-2013: '40'
volume: '72'
web-of-science-categories: Geriatrics \& Gerontology; Obstetrics \& Gynecology
year: '2012'