Pension gender gap would see women working 10 extra years

Study finds women are more likely to face barriers in regards to pensions and 'retire with 31% less in pensions savings than men'

The research shows that women start their pensions later in life at an average age of 35.3 compared to an average age of 32.7 for men.

Irish women would have to continue to work for an extra 10 years while contributing to a pension in order to match men’s retirement savings, according to research by Aviva Life & Pensions Ireland, which identified a 31% national gender pension gap.

The research shows women start their pensions later in life, at an average age of 35.3, compared to an average age of 32.7 for men — while 17% of women will only start saving at the age of 50 or over compared to 9% of men.