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Hundstorfer and Leitl Promote Increase in Retirement Age

Published: April 11, 2011; 08:56 · (Vindobona)

The Austrian Minister of Social Affairs as well as the Head of WKÖ (Austrian Economic Chamber, Christoph Leitl, want to reduce public payments for pensions.

Hundstorfer and Leitl Promote Increase in Retirement Age / Picture: © Wirtschaftsbund / Christoph Leitl

The Minister of Social Affairs, Rudolf Hundstorfer, observes a major problem in the Austrian retirement system due to the easy access in early retirements. Hundstorfer argues that the legal prerequisites for  invalidity pensions are not strict enough. As a result, employers must change their attitude to early retirements. At the moment, many companies promote early retirements for…

This article includes a total of 161 words.

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