Next Pension Reform Ahead

Politics ♦ Published: September 1, 2012; 15:00 ♦ (Vindobona)

European Forum Alpbach: In 2016, the next pension reform may be necessary in Austria.

Next Pension Reform Ahead / Picture: ©

At the European Forum Alpbach, the future of the young generation was discussed. The German pension expert Bert Rürup and his Austrian colleague Bernd Marin expressed their severe concerns about Austria´s pension system. The experts warn that Austria´s retirement plan may become impossible to finance. Rürup and Marin criticize that reforms were postponed too many times. What is…