Gender Pension Gap Persists in Austria

Published: 2024-08-02

In Austria, the gender pension gap remains a pressing issue, with women receiving significantly lower pensions than men.

In Lower Austria, the Equal Pension Day falls on August 4, marking the day when men have earned as much in pensions as women will by the end of the year.

Women in Lower Austria earn an average pension of €1,426, which is €970 less than their male counterparts.

Similarly, in Styria, women receive €935 less per month than men, amounting to a 42% disparity.

Factors contributing to this gap include lower wages, part-time work, and unpaid domestic responsibilities.

Advocates are calling for better support systems, including free childcare and transparency in pay, to address these inequalities and improve women's financial security in retirement.