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Minister for Social Affairs: Retirement Age to be Raised

Published: February 19, 2011; 12:23 · (Vindobona)

The Austrian Minister for Social Affairs, Rudolf Hundstorfer, intends to raise the retirement age until 2025.

Minister for Social Affairs: Retirement Age to be Raised / Picture: © Wikipedia / Seeteufel

The retirement age should be raised by 1.5 years for the next 14 years, suggests Minister Hundstorfer (SPÖ). The retirement age is the "financial leverage to ensure sustainable pensions”. What is in fact relevant is the actual retirement age, not the legal one. "Raising the actual retirement age has top priority", stressed Hundstorfer.

Only two days ago, the IHS and the WIFO…

This article includes a total of 133 words.

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