Friday 5 June 2009

Female pensioners worth less on divorce.

Divorce over 60 can be costly for women

Each year more than 13,000 people aged over 60 divorce, but the financial effects can leave them substantially worse off – in particular woman.

Female pensioner divorcees can stand to lose on average £18,200 in lifetime income after a split.

Upon divorce a woman's pension income will fall six per cent from £254 a week to £240 a week.


So women are paid less when they work, take more time off for their families, may not even have a pension when they retire due to the nature of their employment or lack thereof - is this seeming slightly skewed?