Fight for the pension: AK warns of work up to 70 years!

Fight for the pension: AK warns of work up to 70 years!

Österreich - The discussion about the pension system in Austria receives new buoyancy from the current demands of the Industrial Association (IV). IV President Georg Knill has brought an increase in the age of retirement and demands that employees should work up to the age of 70. However, this announcement encounters violent criticism from the Chamber of Labor. Renate Anderl, President of the Federal Chamber of Labor, describes the claims as an expression of "complete ignorance" about the actual working conditions.

As reported by the Chamber of Labor, the current retirement age in Austria has been set for 65 years for men and 61.5 years for women. From 2024, pension age for women will gradually increase to 65 years by 2033. In this context, it is particularly important to note that around 46,000 companies in Austria deal with more than ten employees around 3.1 million people. Among these employees are around 137,000 people between 60 and 64 years old. It is alarming that a quarter of the 25,000 middle and larger companies do not employ employees in this age group.

challenges for older workers

The pressure on older workers increases the reality that two out of five people go directly from unemployment. This applies in particular to women, a third of whom do not go into the pension from gainful employment, while this proportion is even higher for workers. Peter Eder, President of AK Salzburg, warns that many people in physically exhausting professions, as in construction and nursing, cannot work up to the age of 70.

calls for the fact that the economy has to find ways to employ older workers in the long term. The dark side of this discussion is that the government has already implemented savings in the pension area, including increasing the health insurance contribution from 5.1 to 6 percent, which has been in force since June 1, 2025.

pension calculation and regulations

The regular pension in Austria currently provides 65 years for men and for women 60 years, with the elevation of the pension age to be increased gradually by 2033. At least 180 insurance months, including 84 months due to employment, are required for the regular age pension. Employees also have the option of continuing to work in the pension without having a negative impact on their age pension. In the event of a further work after the standard age pension, special higher insurance is offered, which increases the pension.

The detailed pension calculation for people born after January 1, 1955 combines the added up to a certain percentage to determine the final gross gross. In addition, the pension can be increased by 5.1 percent per year if it is postponed. The regulations also include specific application procedures that may require the procurement of application forms to the relevant institutions.

In -depth information on the Austrian pension system is available in various reports and studies that analyze the areas of pension new additions, insurance career and different types of pension. The report "The Pensions System in Austria - An overview 2025" offers a comprehensive overview of statutory pension insurance in Austria, while further studies provide insights into important trends and developments that affect retirement provisions in particular.

The persistent discussion about the pension system illustrates how important it is to take the challenges for older workers seriously and to design the legal framework accordingly. The decision -making process on future pension adjustments will depend on both the economic conditions and the needs of employees.

For more information about the Austrian pension system and the associated regulations, you can report the reports on workerskammer.at and [Social Ministry.gv.at] (https://www.socialministerium.gv.at/themen/sociales/socialversicherung/pensionsdaten ,-berichten-und-studien/bericht-und-studien.html). You can also find more details on the current discussions on 5min.at.