After long years of work and contribution, retirement is the reward. But in Albania, a man's pension is 23% higher than a woman's. The old-age pension for a man is estimated to be 16 107 ALL per month, while a woman receives an average pension of 13 054 ALL per month.
However, the gender pension gap remains high in the European Union as well. According to Eurostat data, in 2018 women over 65 in the European Union receive a pension that is on average 30% lower than that of men. However, over time, the gender pension gap has decreased by 4 percentage points compared to 2010, where the gender gap between pensions was 34%.
Although women received lower pensions in all EU Member States, the difference between the pension of a man and a woman varies from one country to another.
The biggest change was observed in Luxembourg, where women over 65 received a pension of 43% less than men. Luxembourg was followed by Malta with a 42% margin, the Netherlands with 40%, Austria with 39%, Cyprus with 38% and Germany with 37%.
On the other hand, the smallest differences in pension income between women and men were recorded in Estonia (1%), Denmark (7%), Slovakia (8%), Czech Republic (13%) and Hungary (16%).
Compared to 2010, the gender pension gap has decreased in most EU Member States. The most significant declines were in Greece (from 37% in 2010 to 25% in 2018, Denmark with -11%, Belgium and Slovenia (both with -10%) as well as in France (with -9%).
In contrast, the gender pension gap increased in the seven EU member states since 2010. The highest increase was observed in Malta (from 22% in 2010 to 42% in 2018, or by 20 percentage points more). much), followed by Latvia (+ 9%) and Croatia (+ 4%).
Source: Monitor
