Pension benefits for about 2.2 million retirees will rise sharply next year – and more sharply than previously expected. The reason is the persistently high inflation in Austria, which forms the basis for pension increases. The “Krone” knows what this means specifically for the individual.
Pensioners already received an increase of 9.7 percent this year because the relevant inflation was also 9.7 percent. However, given the height, there was nothing extra this time. Now the “Krone” has the values for the pension increase in 2025, which will again be generous. We present the economic research institute’s (Wifo) in-depth forecast on the specific percentage and calculate exactly what retirees will get out of it per month and year, down to the euro.
Source: Krone
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