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Reform of the Pension System Becomes Financial Boom

Summary by Kronen Zeitung
The Greens are now criticizing many government measures in pensions: the increase in health insurance contributions, which has been in force since June, costs more than it brings. The planned flat-tax for working in the pension has considerable shortcomings. And the restrictions on part-time working only increase the unemployment of the over-60-year-olds. Higher health insurance contributions for pensioners, a flat-tax planned by the government …

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The Greens are now criticizing many government measures in pensions: the increase in health insurance contributions, which has been in force since June, costs more than it brings. The planned flat-tax for working in the pension has considerable shortcomings. And the restrictions on part-time working only increase the unemployment of the over-60-year-olds. Higher health insurance contributions for pensioners, a flat-tax planned by the government …

·Vienna, Austria
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On Tuesday, 8 July, the Council of the Nation adopted, by a majority, the new law on pensions in Algeria. This text changes in depth the country's pension system, particularly with regard to the retirement age for certain occupational categories. In particular, the reform affects teachers in the public sector, offering them the opportunity to retire early. This reform marks a significant change in the evolution of the Algerian pension system, in…

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Kronen Zeitung broke the news in Vienna, Austria on Tuesday, July 8, 2025.
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