CLosing the gEnder pension gAp by increasing women's awaReness

ended

CLEAR (Closing the gEnder pension gAp by increasing women’s awaReness) project’s aim is to raise women’s awareness on one of the root causes of gender pension gap and of potential ways to address it. It focuses on increasing female knowledge on the long term effects of labor market participation gaps over the life cycle and on the importance of planning retirement all over the life cycle. Activities: study and review of the best international practices on how to effectively tackle gender pension gap; identification, for the first time, in the Italian setting, of the efficacy of information and advice delivery on women’s knowledge and choices through a pilot randomized experimental approach; study of the changes induced by the health emergency on women's and men's care and housework activities; study of the effect of the Covid-19 emergency and the subsequent economic crisis on women working behaviour overtime; a scientifically sounded and carefully designed communication campaign. Persons benefiting from the project: CLEAR is designed to benefit Italian women by improving their knowledge of the long-lasting effects of their work and saving decisions. Awareness activities are designed, tested and carried on different cohorts of women so as to achieve a long-term impact of decisions made in different moments of the life-cycle. Results: we plan to evaluate with rigorous and scientific methods whether information and advice provided to women affect their knowledge, behavior and decisions. We will also analyze which type of information has the higher probability to be effective, in order to reduce the gender pension gaps and the old-age poverty risk of women. At aggregate level, pension system sustainability will be an indirect effect of raising retirement preparation for women. Better information on how working choices affect pension benefits, will increase women’s propensity to contribute to the social security system, thus contributing to its sustainability. Deliverables include: best practices review; report on pension information and women’s economic outcomes; web tutorials and educational leaflets; 2 conferences; policy brief; targeted awareness campaign: awareness raising spot and 3 informative videos to be disseminated via web.