Austria: Minor Increase of Age for Pension

Politics ♦ Published: March 7, 2013; 13:39 ♦ (Vindobona)

Despite of reforms concerning the pension system and a raise for the pension entitlement, only a slight increase was noticed.

Austria: Minor Increase of Age for Pension / Picture: © Vindobona.org

The previous pension reform proved to be rather uneffective. From 2009 to 2013, the age for receiving pensions increased only by ten weeks. In 2009 the average age of retirement was 58.2 years while in 2012 it was only 58.4 years. These figures were published by the Main Association of Austrian Social Security Institutions in a press release by “Salzburger Nachrichten” on…