Austria's National Council Approves 2026 Pension Inflation Adjustment
The Austrian National Council has approved a pension adjustment for 2026, ensuring that over 71 percent of pensioners will have their pensions adjusted for inflation. This decision, backed by the coalition and the Greens, will fully offset inflation for pensions up to €2,500, with a fixed amount of €67.50 above that.
The adjustment will be less for those with higher pensions. Peter Wurm, an MP, called for the abolition of special retirement benefits from the states, while Korinna Schumann regretted that budgetary constraints prevented full inflation offset for all pensioners. Markus Koza, meanwhile, advocated for lowering the legal upper limit for pensions of functionaries and employees of state-related entities.
The vote required a separate provision with a two-thirds majority to include special retirement benefits from the federal states. The Greens and the Freedom Party also supported this provision.
Starting in 2026, pensions in Austria will be adjusted for inflation, benefiting a significant majority of pensioners. The specific details and impacts on special retirement benefits remain a topic of debate among politicians.
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