New partial board from 2026: Flexible from the job, without grants!

New partial board from 2026: Flexible from the job, without grants!

The Austrian federal government has put together an extensive pension package, which is to be decided in the National Council in July. At the center of the reform is the introduction of the partial board, which will enable flexible exits from working life from 2026. According to 5min.at, employees can reduce their working hours between 25 and 75 percent and at the same time move into part of their pension. A prerequisite for the sub -pension is that there is already a claim to age pension.

This regulation is intended to promote a gradual transition to retirement without relying on state subsidies. During the phase of the partial board, the employees remain subject to social security contributions and continue to pay taxes. The concept of introducing the partial board is celebrated by the union as a great achievement. In contrast, the FPÖ social spokeswoman describes the package as a "tough tough".

sustainability mechanism as protection

Another central component of the new pension system is the effective sustainability mechanism from 2030. This mechanism, which the Neos club chairman Yannick Shetty describes as a "legal absolute output cover for the pension system", is intended to ensure that the costs of the pension system remain under control. If sufficient savings are not achieved by 2030, the government must take various measures, including the possible increase in the statutory retirement age. The total amount of the required cost reductions should reach around 2.5 billion euros by 2030, which corresponds to the increase in the factual retirement age by one year, according to [news.at] (https://www.news.at/politik/ sustainability mechanism-soll- pensions-off).

The Federal Government is also obliged to report annually in the National Council on the sustainable protection of the pension system. The partial board will also replace the previous partial retirement; So far, this has been offered with a wage compensation for a reduction in working time of 40 to 60 percent, but will only be possible in the future if no partial board is used or there is no entitlement to a pension.

financial effects and political reactions

In the first year of the introduction of the sub -pension, savings of around 197 million euros are expected, which could increase to 402 million euros by the second year. It is also estimated that around 10,000 people will benefit from the partial board. This comes in a context in which around 36,500 people were already in partial retirement in the previous year, categorized by kleinezeitung.at.

towards the political reactions, the SPÖ club chairman Philip Kucher emphasized that it was important to keep older people in employment in order to avoid pension cuts and an increase in the statutory injection age. It is also planned to build an incentive and monitoring system for employment funding from the age of 60 and to create age-appropriate jobs.

Overall, the new pension package shows both opportunities and challenges. While the sub -pension makes the transition to retirement, the long -term financial stability and ensuring the services remain in the focus of the political discussion.