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Austria's Pension Funds: 6.61% yield in 2010
Politics ♦
Published: January 27, 2011; 00:08 ♦ (Vindobona)
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Austria's pension funds generated an income of around € 800m in 2010. The annual performance is above the long-term average.
Austria's Pension Funds: 6.61% yield in 2010 / Picture: © Vindobona.org
According to the Association of Austrian Pension Funds, the 2010 annual performance is 6.61%, above the level of the long-term investment section of 5.95%. The pension assets of workers and pensioners entitled to a corporate pension increased to € 14.79bn.
"The fact that the Austrian pension funds were able to earn € 6.61% despite the crisis, is the result of improved…
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