Gender equity in retirement

Gender equity in retirement refers to ensuring both men and women have fair and equal opportunities to accumulate retirement savings and access benefits. This addresses disparities caused by differences in lifetime earnings, career breaks (like caregiving), and workplace support. Achieving gender equity helps close the retirement income gap, ensuring that women, who often have lower retirement savings, can enjoy financial security and independence in later years. It involves policy changes, workplace practices, and social awareness to create a fairer retirement system for everyone.