Gender aspects of the Republic of Moldova’s pension system
11.3. Change of the probability of living until the retirement for men and women under different scenarios of the retirement age increase
At present in the Republic of Moldova under conditions of unfavorable demographic situation of citizens of the able-bodied age (who lived till the age of 15), only 64,6% of men and 87,9% of women (the gender difference of the values of this index constitutes 23,3%) shall live till the retirement age, established by the law (57 years for women and 62 years for men). Thus, under the existing limits of the capacity for work among potential payers of pension contributions almost each third man and eighth woman shall not live until the retirement.
In case of the retirement age increase the situation shall worsen, since the probability of living and working until the achievement by the able-bodied population of the new retirement threshold is decreasing.
Given the existing differences in the mortality rate of men and women, especially in able-bodied ages, it could be supposed that the increase of the retirement age shall have a different impact on men and women (see the Picture 41 and Table 7). Actually the higher is the age, the more considerable are the gender differences in the probability of living from the age of 15 up to this age. The retirement age differentiated by sex even increases the gender differences in the probability of living until the retirement.
Table 7.
Change of the probability of living until the retirement for men and women under different scenarios of the retirement age increase (in %).
|
Limits of the capacity for work |
Limits of the capacity for work |
Limits of the capacity for work |
Limits of the capacity for work |
15-57 |
15-62 |
15-62 |
16-62 |
15-60 |
15-65 |
15-65 |
15-65 |
wo-men |
men |
wo-men |
men |
wo-men |
men |
wo-men |
men |
Share of persons, who lived until the retirement among those who reached the able-bodied age (in %). |
87,9 |
64,6 |
81,4 |
64,6 |
84,4 |
57,1 |
76,2 |
57,1 |
Gender differences in the share of persons who lived until the retirement (in %).
|
23,3 |
16,8 |
27,3 |
19,1 |
As it could be seen from the variants of the retirement age increase, presented on the Table 7, the minimal differences in the probability of living until the retirement are specific for the age of 62, equal for men and women.
|