The pension system is getting old and needs general update
Vienna (OTS) –

For the industrial association (IV), significant changes in the legal requirements are required to raise the factual retirement age: “A gradual increase in the statutory retirement age and a restriction in early retirement will not be spared if we want to design the pension system in accordance Korinna Schumann in the ORF press hour. The introduction of the partial board and the adaptation of the legal requirements for the corridor pension are welcome, “but not sufficient”. “The positive effects of a higher legal retirement age for the economy but also for the state budget are evident,” said Neumayer.

IV sees a negative, as it is proposed by Schumann, the industry -dependent quota that concerns the hiring of older workers: “That would be another measure that the companies, of which many are fighting for survival anyway.

The IV also sees the proposal that companies would have to do part-time employees in the event of overtime or full-time: “Neither companies nor the employees would bring something sustainable. Rather, you have to work on the structures in the tax system. We see that an increase in hours for those who want to do not pay financially. The higher tax burden is therefore significantly reduced. Because it is also the strong progression in income tax that largely contributes to the high part -time quota in Austria, ”concludes Neumayer.

OTS original text press release with the exclusive in terms of content of the sender – www.ots.at | NPI

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