Reform: Austria Strengthens Pension with Partial Pension and Automatic Airbag
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The Federal Government has decided on a comprehensive reform package to stabilise and modernise the Austrian pension system. The focus is on the expansion of the partial pension under the Labour and Pensions Act (APG), the harmonisation of the part-time working age as well as the introduction of a sustainable automatic mechanism for long-term financial viability. AUSTRIA. These measures aim to increase the employment rate of older workers, the a…
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