Pensions are expected to climb by 4.6%Accordingly, the increase of 4.6 percent covers inflation but only up to the maximum ASVG pension. Those with a higher pension will receive a fixed amount of just under 279 euros. The pension adjustment will remain suspended, while the inflation protection clause for new pensioners will be extended. Approval from the SPÖThe SPÖ agreed to the bill but, like the FPÖ, would have preferred more generous regulations. The SPÖ was annoyed that the protection clause for the corridor pension only applies in exceptional cases.…
Read MoreNational Council: Pension increase fixed for next year
