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The impact of motherhood on retirement benefits

Publication

Abstract

In our analysis, we have attempted to quantify the negative impact of motherhood and parenthood on women's retirement benefit amount, which is linked to the impact of motherhood on the mothers' wages and employment. We have calculated that motherhood and parenthood reduces women's retirement benefits by an average of several hundred Czech crowns per month.

This is caused both by lower employment and lower earnings due to parenthood. However, the average reduction in women's retirement benefits due to parenthood never exceeds 8 percent, even if the impact of parenthood on women's career were twice that shown in the data.