Ontario’s Pay Equity Office published the Understanding the Gender Pension Gap in Canada research paper. According to the Pay Equity Office, the gender pension gap measures the gender difference in combined income from Canada’s 3-pillar system of retirement income instruments: Old Age Security/Guaranteed Income Supplement, Canada Pension Plan/Quebec Pension Plan and private pensions (including RRSP/RRIF income). The research highlights that in 1976, the first year with substantial statistics, the gap stood at 15% – meanwhile, in 2024, nearly 50 years later, the gender pension gap stands at 17%. This communicates that for every dollar of retirement income men receive, women receive 83 cents. The research report released by Ontario’s Pay Equity Office examines the origin of the gender pension gap and provides a detailed overview of Canada’s retirement income instruments and how they operate to convert gender wage gaps and gendered hours of paid work into lower pensions for women. 

Download the Understanding the Gender Pension Gap in Canada research report to learn more about the disparity and potential remedies, click here.

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