Austria between reforms and stability: What can we expect in 2025?

Austria between reforms and stability: What can we expect in 2025?

Austria faces a profound change in the area of pension and social policy. The coalition government, consisting of black, red and pink, plans to gradually align the retirement age for women. By 2033, women in Austria are expected to achieve retirement age of 65 years. These measures are part of a comprehensive reform package that also includes the introduction of a new partial board, which is described as a "very effective and clever measure". In addition, adjustments to the corridor pension are planned that affect the age limits and insurance times in order to promote people's employment, such as kosmo.at/pensionsreform-koalition-plant-anglichung-unde-tonpension/"> kosmo.at

The minister also announced a consolidation contribution of 2.9 billion euros in the pension area by 2031, with half of the half to be saved by 2028. Part of the savings results from a higher health insurance contribution for pensioners, but compensation measures such as the adaptation of recipe fees and the capping of pharmaceutical costs are provided. The political pressure regarding the reforms was also initiated by the previous government, as the minister emphasized.

Federal Government is driving social reforms

In addition, the federal government has increased income limits for mini and MIDI jobs and is committed to ensuring that employees receive more net of gross in these categories. The lower wage limits were raised to facilitate access to employment subject to social security contributions and prevent abuse by additional expenditure in minijobs. These reforms aim to improve social security and collective bargaining in various sectors in order to promote fair wages through public orders to tariff -bound companies.