词条 | Pensions in Austria |
释义 |
The Pensions system in Austria is composed of three parts: occupational pensions, private pensions, and state pensions.[1] However, private and occupational pensions are secondary to the public pension issued through the state. According to the Organization for Economic Co-Operation and Development (OECD), Austria's pension system is categorized as targeted.[2] This means that their system is set up to prefentially benefit poorer pensioners than those that are better off. Public PensionAustria introduced their uniform pension system through the The Act on the Harmonisation of Austrian Pension Systems in January 1, 2005. This act provides a pension for anyone employed and under the age of 50.[3] This uniform pension system is the reason why private and occupational pensions are second to the state pension. Austria's public (or state) pension system is a pay-as-you-go (PAYG) system. This system is funded by those currently working and employers too. Employees contribute 10.25% of their earnings to the pension system and employers contribute 12.55%.[4] A recent reform merged the two Austrian Pension Agencies that represented blue-collar and white-collar workers into one: the Austrian Pension and Retirement Agency.[5] To receive the Austrian state pension a citizen must have paid contributions for at least 180 months (15 years). The longer a citizen pays, the higher their income replacement ratio is. If a worker pays into their pension for 45 years then they can receive up to 80% of their average lifetime income while retired. This is referred to as the 45 - 65 - 80 rule. When the citizen reaches retirement age (65 for men and 60 for women) they can then apply to receive their state pension.[6] The age of retirement for women will gradually increase until it reaches 65 by 2033. Early retirement at the age of 62 was also an option until 2017.[7] Pension benefits are based on personal income taxation and the benefits are adjusted yearly by inflation. Occupational PensionThere are supplemental occupational pension plans that can be provided by employers to their staff.
These other funds are ways for citizens to invest in their retirement and supplemental funds to their state pension. Problems with the Expansion of the Pension SystemAustria's public pension system is expensive and it is only becoming a larger entity. In 1970, 9.9% of the countries gross domestic product (GDP) was attributed to public pension expenditures and that amount increased to about 14.5% in the year 2000.[10] This is because the contributions made by employees and employers are simply not enough to cover the retirement bill. This increase in cost is attributed to many components some of which are the option of early retirement and disability pensions. Even though the retirement age is 65, the number of elderly people between ages 60-65 in the workforce make up only 10%.[10] Because of these increased costs, Austria imposed reforms that mainly discouraged early retirement by withholding full pension amounts until the receiver reached age 65. The required contribution period was also extended. Other problems that Austria faces with their pension system is the fact that people are living, at the same time fertility rates are going down. Since the pension system is based on the contributions by those currently working, if the labor force goes down due to low fertility rates, then the amount of money available for pensioners is also reduced. The fact that those receiving pensions are also living longer is also responsible for the increased cost. As a result, the ratio of elderly people to those working and contributing to the pension fund will more than double within the next 30 years.[10] ReformsThe 2003 Austrian Pension Reform had five main elements aimed at lowering the burden of the pension fund on the state.[11]
See also
References1. ^{{cite journal|last1=Blank|first1=Florian|last2=Logeay|first2=Camille|last3=Türk|first3=Erik|last4=Wöss|first4=Josef|last5=Zwiener|first5=Rudolf|title=Why Is Austria's Pension System So Much Better Than Germany's?|url=https://rd.springer.com/content/pdf/10.1007%2Fs10272-016-0589-8.pdf|journal=Intereconomics|volume=51|issue=3|pages=118–125|doi=10.1007/s10272-016-0589-8|year=2016}} 2. ^{{cite journal|last1=Quessier|first1=Monika|last2=Whitehouse|first2=Edward|last3=Whiteford|first3=Peter|title=The public–private pension mix in OECD countries|journal=Industrial Relations Journal|date=October 18, 2007|volume=38|issue=6}} 3. ^{{cite web|title=Austria: Pension Projections 2004- 2050|url=http://ec.europa.eu/economy_finance/publications/pages/publication7016_en.pdf|accessdate=7 December 2017}} 4. ^{{cite web|url=http://www.pensionfundsonline.co.uk/content/country-profiles/austria/27|website=Pension Funds Online|publisher=Wilmington plc|accessdate=7 December 2017|title=Pension system in Austria - Pension Funds Online}} 5. ^{{cite web|last1=Austria|first1=Embassy of|title=Pensions, Retirement Benefits & Social Security|url=http://www.austria.org/pensions-social-security/|website=Austrian Embassy Washington|accessdate=7 December 2017}} 6. ^{{cite web|last1=Austria|first1=Embassy of|title=Pensions, Retirement Benefits & Social Security|url=http://www.austria.org/pensions-social-security/|website=Austrian Embassy Washington|accessdate=7 December 2017}} 7. ^{{cite web|url=http://www.pensionfundsonline.co.uk/content/country-profiles/austria/27|website=Pension Funds Online|publisher=Wilmington plc|accessdate=7 December 2017|title=Pension system in Austria - Pension Funds Online}} 8. ^{{cite journal|last1=Schmitz|first1=Stefan|title=The Governance of Occupational Pension Funds and the Politico-Economic Implications: The Case of Austria|journal=Social Science Research Network (SSRN)|date=August 15, 2005|url=https://search.proquest.com/docview/59819876?accountid=14524}} 9. ^{{cite web|url=http://www.pensionfundsonline.co.uk/content/country-profiles/austria/27|website=Pension Funds Online|publisher=Wilmington plc|accessdate=7 December 2017|title=Pension system in Austria - Pension Funds Online}} 10. ^1 2 {{cite book|last1=Keuschnigg|first1=Christian|last2=Keuschnigg|first2=Mirela|chapter=Aging, Labor Markets, and Pension Reform in Austria|title=The Reform of Bismarckian Pension Systems|pages=51–58|jstor=j.ctt46n0cr.7|year=2005|publisher=Amsterdam University Press|series=Changing Welfare States }} 11. ^{{cite journal|last1=Busemeyer|first1=Marius|title=Pension Reform in Germany and Austria: System Change vs. Quantitative Retrenchment |journal=West European Politics|volume=28|issue=3|pages=569–591|date=25 January 2007|doi=10.1080/01402380500085830}} 12. ^{{cite journal|last1=Anagnoson|first1=Theodore|title=Do They Know Something We Don't?|journal=Public Administration Review|date=2008|volume=68|issue=2|url=http://ucelinks.cdlib.org:8888/sfx_local?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&genre=unknown&sid=ProQ:ProQ%3Awpsa&atitle=Do+They+Know+Something+We+Don%27t%3F&title=Public+Administration+Review&issn=00333352&date=2008-03-01&volume=68&issue=2&spage=391&au=Anagnoson%2C+J+Theodore&isbn=&jtitle=Public+Administration+Review&btitle=&rft_id=info:eric/&rft_id=info:doi/#}} 2 : Pensions|Pensions by country |
随便看 |
|
开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。