Harsh Criticism of Government by Junge Industrie

People ♦ Published: January 13, 2011; 00:05 ♦ (Vindobona)

Junge Industrie (Young Industry) an interface organization of the Industriellenvereinigung (Industrialists’ Federation) criticizes particularly the pension policy.

Harsh Criticism of Government by Junge Industrie / Picture: © Vindobona.org

"The failure of the Austrian pension policy is obvious," stressed the Federal President of Junge Industrie (JI), Dr. Therese Mitterbauer, given the most recent data of the Hauptverband der Sozialversicherungsträger (Association of Social Insurance Institutions) on the boom of the "Hacklerregelung" (special retirement scheme for manual workers). According to this, already 73% percent of…