The News. The Austrian National Council (lower house of parliament) passed an active retirement law (Aktivpension) on 23 September. The text introduces a tax allowance of up to €1,250 per month, or €15,000 per year, for people who remain in employment after the statutory retirement age (65 for men; 62 for women, with a gradual alignment) and have accumulated at least 40 years of pension contributions.
Do you have information to share with us?
Article authors
Thomas Schnee
Correspondent in Germany
As a Berlin correspondent for the French and Swiss press since the late 1990s, I cover a wide range of economic, political and social issues, with a particular focus on the German business and labour market. My areas of interest include co-determination, digitalisation, demographics and ESG/DEI policies.