Pension reform: Companies have to keep older employees longer!

Pension reform: Companies have to keep older employees longer!

Österreich - The discussion about the Austrian pension system is becoming increasingly heated! Christine Mayrhuber, the chairwoman of the retirement security commission, said in ZIB2 that companies had to play a crucial role in keeping older employees longer in working life. A quarter of the federal expenditure, which is an impressive 123 billion euros, flows into the guest houses - a sum that is made up of 18.4 billion euros for general pension insurance and 13.5 billion euros for civil servants. Even if the traffic light coalition plans to easily increase the factual retirement age, Mayrhuber sees this as insufficient. In their opinion, the long -term financial effects of the current reform are hardly noticeable.

for long -term change

Ecoaustria director Monika Köppl-Turyna also critically commented and complained that the traffic light coalition did not achieve a real breakthrough. "A more comprehensive reform, for example through a rule -based adjustment of the statutory retirement age, would be a significantly more effective approach to securing the pension system long -term," said the economist. Mayrhuber emphasized that operational changes are necessary so that older workers remain busy until the statutory starting age. In addition, she spoke out against short-term changes in the pension system, since these only led to uncertainty and many people would make the earliest possible pension option, as explained in the Ö1 morning journal.

A promising approach could be a bonus malus system for companies, as proposed by Mayrhuber. Companies that continue to employ older people could be rewarded, while companies that either hire too few older employees or dismiss many older workers are to be punished. This could create an incentive to promote the employment of older workers and to better manage the rising pension expenses, which could tackle the urgent financial challenges, such as The press reported.