Pension forms a significant part of the income people receive post-retirement. For many, the state pension is the only form of income, while others may have supplementary sources owing to their employment and other factors. In all cases, pension determines the quality of post-retirement life to a large extent.
Pension Disparity Between Men and Women
Retirement is a challenging phase for everyone, irrespective of their gender. Both men and women adjust to not working anymore and limited sources of income. However, women face certain unique issues after retirement. The problems are related to lower earnings, higher life expectancy, lower confidence about personal finances,...