Pensions under pressure: Austrians have to work longer and pay more!
Pensions under pressure: Austrians have to work longer and pay more!
Österreich - On May 15, 2025, Finance Minister Markus Marterbauer expressed significant changes in the Austrian pension system in his budget speech for the double budget 2025 and 2026. The planned savings amount to several billion euros, which will have far -reaching consequences for pension recipients. The fees for the E-Card should increase as early as November 2025, and pensioners will have to pay an additional fee from November 2026. At the same time, the increase in health insurance contributions from 5.1 % to 6 % will cost several hundred euros a year from the persons concerned. These measures are part of a comprehensive pension reform that is intended to encourage Austrians to remain in working life longer.
The reform provides for a new regulation of the corridor board, in which the inaugural age increases from 62 to 63 years and the required contribution months increased from 480 to 504. In addition, the pension saliquation is reactivated and a new additional service model is introduced in order to make working in old age more attractive. The heavy work regulation is also to be expanded to nursing professions from 2026, which is of great importance for many affected people.
new offers and support for pensioners
Another part of the reform is the introduction of a partial board from 2026. This enables people to reduce their working hours and at the same time obtain a pension. This is supported by a flat -rate taxation of 25 % and the liberation of social security contributions for employees. For many, this will be a relief because they can work more flexibly in old age.
In addition, measures are taken to revise the heavy work pension in order to reduce the documentation effort and to better integrate care professions. Reforms are also being planned for people with health. These affect the disability and disability pension as well as rehabilitation allowance in particular. The responsibility of the labor market service (AMS) is also strengthened to ensure better reintegration into the labor market.
Long -term affiliation of the pension system
A central challenge is the long -term financing of the pension system. A legal sustainability mechanism is planned to ensure that the pension payments will continue to be guaranteed in the future. This mechanism could result in an increase in the necessary insurance years for corridor boarding from January 1, 2035. These changes are not only necessary to keep the system stable, but also to meet the future challenges of the aging population.
In addition, information and reports on old -age insurance were published that offer detailed insights into the pension system and the associated challenges. These resources, such as the brochure "The pension system in Austria 2025", provide important information in order to better understand the effects of reforms. An increased analysis of data on pension entries and insurance career is also recommended to better examine and evaluate the effects of the upcoming reforms. The Ministry of Social Affairs observes that pension recipients are often faced with a financial challenge that is reinforced by increasing living costs.
The planned reforms are both a reaction to the current financial circumstances and a necessary adaptation to the demographic changes in Austria. The coming years will show how effectively these measures are implemented and whether they have the desired effects on employment and pension system.
For further information on the changes and their effects on the population, please note the reports and data that can be found on the website of 5min, the Tyrol Chamber of Labor and the Ministry of Social Affairs. These offer in -depth insights into the current situation and the future challenges of the pension system in Austria.
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