Pension reform 2026: Age limited to three years in the future!

Pension reform 2026: Age limited to three years in the future!

The Austrian federal government is planning a comprehensive reform of the pension system, which is due to enter into force in 2026. A central element of this reform is the introduction of the sub -pension, which will be offered as an alternative to the partial retirement in the future. According to OE24 , the partial retirement time is shortened to three years to three years. From 2026, the reference time of partial retirement is gradually shortened by six months a year, which promises savings of 197 million euros in 2026 and 400 million euros in 2027

The partial board will be available for all people with a pension entitlement, including age, corridor and heavy worker pension. This enables a reduction in working time between 25 and 75 %. The pension account is closed for the reduced working time, while the rest continues to generate pension claims. For example, a Mr. Huber, who reduces his working time by 50 %, could receive a partial retirement of 1,347 euros, explains Kurier .

overview of the changes

Overall, the reforms should mean that the partial boarding in addition to the age pension enables attractive work in old age. The government also plans to free employees from social security contributions, with employers still paying part of the contributions. The reduction of working hours in the sub -board is via three options:

• 25-40% reduction: 25% of the total credit.
• 41-60% Reduction: 50% of the credit.
• 61-75% Reduction: 75% of the credit.

An example shows that a 63-year-old receives a funding of EUR 1,347 with a pension claim of EUR 3,000 at a 50% partial board, but has to expect 5.1% of the pension.

savings and future outlook

according to Chamber of Labor The reform is also designed for savings of 59 million euros in 2025 and 89 million euros in 2026. With this reform, the existing partial retirement is not completely abolished, but is severely restricted. For people without early pension entitlement, the waiting time is extended by two years.

The state government sees these measures the chance of a sustainable reform of the pension system, especially in view of the demographic challenges. It is also planned to make the assessment of incapacity to work more flexibly and to reform the heavy work pension.

Overall, the introductory reform is also understood as an incentive to return to the labor market for long -term unemployed people and is intended to rely on a uniform system of partial board. Negotiations on the pension reform are about to conclude that the overview of future changes in the pension system will soon be a reality.