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Fekter: "Proposed Reform Creates Security"

Published: April 24, 2013; 13:40 · (Vindobona)

Government-Sponsored Pension Plans – Bill Under Review. Objective: Increase the attractiveness of government-sponsored pension plans and improve transparency for customers entering into agreements

Fekter: "Proposed Reform Creates Security" / Picture: © Wikipedia / World Economic Forum (Heinz Tesarek)

The Ministry of Finance has been focusing on amendments to pension law in recent months – work that is highly important for 1.6 million Austrians. "The main objective of the changes is to increase the attractiveness of pension products for customers", stated Minister of Finance Dr Maria Fekter, underlining the need for the changes.

The key points of the reform are retention of…

This article includes a total of 305 words.

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