2023-08-03 10:04:10
VIENNA. Based on these inflation rates from the Austrian Statistical Institute, the Austrian Ministry of Responsible Social Affairs calculates the reference value and uses the average value of the last twelve months, that is, this time the value was calculated from August 2022 to July 2023, resulting in an increase of 9.7 percent. As soon as the values for June and July 2023 are finalized, the full legal value for increasing pensions will be announced. Under Austrian law, politicians in power and parliament are not allowed to definitively decide on a lower value for the pension rate, but they can agree on higher allowances.
In 2022 last year, pensions in Austria were only increased at an inflation rate of 5.8 percent. In addition, there was a socially stratified, tax and contribution-free direct payment distributed in March 2023. It has been learned that this payment will not be taken into account in the next increase.
SPÖ: “The elderly are not begging”
Representatives of senior citizens from the ruling and opposition parties in Austria’s parliament again demanded rapid negotiations with the government on Monday. Ingrid Korosec, President of the Association of Seniors from the ruling ÖVP, said that pensions are adjusted proportionally, depending on the starting month in the first year of retirement. „aliquot“ sisteminin He also wants it removed. “In order to protect the 2024 and 2025 retirement values from large and permanent retirement losses in particular, value guarantees should also be introduced for the retirement account revaluation,” said Korosec.
Support came from the opposition SPÖ, which advocated an early retirement increase given inflation. SPÖ leader Andreas Babler said: “Older citizens are not begging people. Many no longer know how to pay for groceries or rent. The SPÖ said, “From July, all pensions will be increased by another five percent retrospectively,” he said.
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