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Wages, salaries, and pensions will be adjusted again next year, measured as always against last year’s inflation. As a result, the increase in income in most major sectors will be around four percent.
The new collective agreement for the public sector will apply for the next two years. The agreement for the coming year provides for an average increase of 3.5 percent with social grading of a minimum of 82.40 euros and a maximum of 437.80 euros.
An agreement was also reached for 2026, where a further 0.3 percent will be added to inflation based on the period from October 2024 to September 2025. The increase will apply from 1 January for the approximately 230,000 federal administration employees as well as regional teachers.
Trade and Social Economy
Employees in the retail sector will receive a 3.3 percent pay rise next year, with a 0.5 percent increase above rolling inflation in 2026. However, the increase will fall in 2026 as inflation rises; if it is 3 percent or higher, the social partners want to negotiate again. Apprentice pay will increase from 880 to 1,000 euros in the first year of apprenticeship next year. Five rounds of talks were necessary to reach an agreement.
The actual and minimum salaries of around 130,000 employees in the social economy sector will rise by 4 per cent, as well bonuses and supplements. The new collective agreement will apply from 1 January 2025, and the framework law will also be changed. Incidentally, the employees of the church aid organizations Caritas and Diakonie will also receive the same increase.
Railroads and pensions
The approximately 55,000 railroad employees have already received a 4.1 percent increase in their collective agreement and actual wages since December. The increase is well above the underlying inflation rate of 3.5 percent. The collective agreement runs for 12 months.
Pensions up to the ASVG maximum pension will increase by 4.6 percent in 2025, corresponding to the statutory adjustment factor. Those with a higher pension will receive a fixed amount of just under 279 euros.
Higher pensions
Senior citizens can look forward to a 4.6 percent increase in their pension in 2025. The increase will be less for those with a 6,060 euro or more pension. They will receive a fixed amount of 276.76 euros. The equalization supplement reference rate for minimum pensions will be increased to EUR 1,273.99 per month.
Aliquotation is still suspended. This means that anyone who has retired in 2024, whenever that may be, will receive the full plus.
The marginal earnings threshold will be 551.10 euros next year. The maximum contribution base will be 6,450 euros.
The retirement age for women will be raised by another six months. It is now 61 years old.
- source: kurier.at/picture: Image by Nattanan Kanchanaprat from Pixabay
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