Pensioners in Austria: From June 1st, there will be drastic loss of income!

Pensioners in Austria: From June 1st, there will be drastic loss of income!

From June 1, 2025, retirees in Austria will be charged 0.9 percent from 5.1 to 6.0 percent by an increase in health insurance contributions. This measure leads to average net loss of around 180 euros per year. While the reform particularly affects men, women are also affected by the increased payments. The average gross gross value for men is 2,321.40 euros in 2024 and 1,594.24 euros for women. With the planned pension adjustment 2025, the amounts increase to EUR 2,428.18 for men and 1,667.58 euros for women.

The net pensions after increasing health insurance contributions will still decrease. Men then receive an average of EUR 2,029.32, which corresponds to a minus of 182.56 euros per year, while women are only received 1,558.98 euros and thus receive 168.14 euros less. The background for this premium increase is an exploding budget deficit that is twice as high as originally assumed. The government hopes that this measure saves savings of 270 million euros.

criticism and future outlook

There are increasing critics who warn of the additional burdens for pensioners who are already fighting with increasing living costs. The government is planning relief from 2026, including freezing the prescription fee and adjustments to the recipe duty cover, but the resentment among the pensioners could probably increase if the financial burdens are not mitigated.

In recent years, severely increased pension costs have contributed significantly to the budget deficit. Political measures have reinforced the additional costs as a result of demographic change. From 2025, up to 18 billion euros must be saved annually to meet the EU fiscal rules. The Federal Government is forced to save substantial savings in order to create future investment scope or relief. Economic politicians and the retirement security commission are actively looking for options for reducing costs, since pension costs are expected to double in relation to economic output between 2019 and 2040. This development requires urgent action.

overview of the pension system

The Austrian pension system is under constant observation and analysis. Reports and studies, such as those of the Social Ministry , provide deeper insights into retirement and report on developments in the field of disability pension. The studies also shed light on the gender -specific differences in old -age care. The report "Agever Safety of Women" shows the legal framework and characteristics of female acquisition biographies and illustrates the challenges with which women are faced with the pension system.