Inflation adjustment – women doubly disadvantaged in terms of pension levels

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The Labor Chamber sees discrimination: with the increase in the retirement age from 2024, all women will be able to retire in the second half of the year at the earliest.

The much-criticized inflation correction of pensions – better known as supplements – will become even more unfair from 2024 than it already is. Then the gradual increase in the retirement age for women begins, and it is designed so that women can retire in the second half of the year at the earliest within the next ten years.

If the allocation goes ahead, women will be massively disadvantaged: January retirees will receive 100 percent inflation compensation, February retirees 90 percent, March retirees 80 percent, and so on. There is no inflation surcharge at all in November and December.

“The partial allocation is in itself very questionable, but for women it is outright discrimination,” said Wolfgang Panholzl of the Workers’ Chamber (AK) in an interview with “Krone”. “If the government does not take that back, we will appeal to the Supreme Court. That makes sense, that goes without saying.”

History of aliquotation from black-blue to turquoise-green
Here’s how aliquoting came about in the first place: In 2003, the black and blue government under Wolfgang Bowl introduced a waiting period. From that moment on, the first pension increase was only granted the following year. In the free-force game for the 2019 National Council elections, the waiting period was abolished. In 2020, the turquoise-green government introduced aliquoting.

Source: Krone

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