Austrian Economic Chamber criticizes Pension System

Politics ♦ Published: February 17, 2011; 02:15 ♦ (Vindobona)

The Premium Model of the Economic Chambers rewards working longer instead of early retirement.

Austrian Economic Chamber criticizes Pension System / Picture: © Vindobona.org

"There is no evidence for the already hackneyed assertion that a majority of employers are urging older employees into early retirement”, Martin Gleitsmann, Head of the Department for Social Policy of the WKÖ, refutes the allegations made  against the economy  by the President of the Pensioners Association, Karl Blecha. "In our experience, the initiative to early retirement as…