Partial board 2026: Relief for 10,000 workers in Austria!

Partial board 2026: Relief for 10,000 workers in Austria!

The Austrian Minister of Social Affairs Korinna Schumann (SPÖ) today declared the negotiations to introduce the partial board as successfully completed. With this new model, employees have the opportunity to extend their employment biography by combining work and pension. The partial board will be introduced from January 2026 and is intended to be an attractive option for many employees. Schumann emphasizes the measures as part of a comprehensive pension reform package, which is intended to secure the financeability of the system in the long term, as well as Today.at

Due to the partial board, the Ministry of Social Affairs forecast savings of 197 million euros in the first and 402 million euros in the second year. Around 10,000 people should benefit from this regulation. In addition, savings for partial retirement are also planned as part of the reform: 59 million euros in 2026 and 89 million euros in 2027. The current state shows that there are around 36,500 people in partial retirement.

Conditions for partial board

The partial board can be started by insured persons from the time of their claim to age pension. Different age limits apply, which vary depending on the regulation: the corridor control provides for admission from 63 years, while the long -term insurance regulation already reaches from 62 years. Heavy workers can go into partial retirement from the age of 60. Different regulations for men and women apply to age pension, which depend on the respective entry data by 2033.

A fundamental prerequisite for using the sub -pension is the reduction of working hours by 25 to 75 percent, whereby the employer's approval is required. When reducing working hours, the financial claims vary: With 25-40% reduction, sub-pensionists receive 25% of their pension entitlement as a remuneration, at 41-60% it is 50% and 61-75% they receive 75% of the pension claim. An example shows: A 63-year-old with a pension claim of 3,000 euros, which reduces his working time by 50%, receives a partial board of 1,347 euros, as well as Kurier reported.

partial retirement and transitional regulations

The reform also provides for a merger of partial boarding and partial retirement. In the future, the subsidy of partial retirement will be reduced from five to three years. This only exists as long as there is no entitlement to a pension. For the transitional arrangement, the maximum duration of partial retirement is reduced to 4.5 years by 2026. In 2027 it was only 3.5 years.

is expected that the National Council will vote on the planned reform in July. However, there are currently ambiguities regarding the completion status of the announced sustainability mechanism, which is due to regulate the pension costs from 2030. It is also planned to increase the statutory retirement age from 2030, which depends on the actual increase in pension reserves.

The implementation of these reforms shows the great need for action in the Austrian pension system, in which around 2.5 million pensioners already live, a number that could increase to 3.25 million by 2045. This contrasts with a decline in young people. Every year the federal government has to provide up to 30 billion euros for pension financing, which corresponds to 25 percent of the total budget.