Negotiations on pension increases between the ÖVP and the Greens are still ongoing, but government circles say they are on the right track. Only the last details have yet to be clarified, the “Krone” was told. An increase of ten percent for minimum pensioners, among other things, is apparently already a foregone conclusion.
According to unofficial information, the following details have already been agreed:
- The pension increase will take effect on January 1, 2023.
- The income of some 200,000 pensioners with a compensation allowance (ie the so-called minimum pensioners) has to be increased by about ten percent – this is due to an increase in the allowance and a direct benefit.
Federal government representatives also emphasize that the abolition of cold progression, which has already been decided, will already benefit 60 percent of all pension recipients. In addition, 90 percent would benefit from adjusting the deductible amounts to inflation.
“Especially looking at small pensions”
Chancellor Karl Nehammer is already confident: “It was always clear to us that the increase must be at least the legal correction factor of 5.8 percent. In addition, there will now be one-off payments to absorb the consequences of inflation.” Green Vice-Chancellor Werner Kogler also said: “I am pleased that we are close to an agreement on the important issue of raising pensions. It is always important to me that those who have been hit hard by the current inflation crisis are also greatly relieved We paid particular attention to the low and middle pensions.”
The deal will be officially announced tomorrow, Tuesday.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
