Austria: New table shows when you can retire

The Ministry of Social Affairs has finalized the draft law for introducing a partial pension. From next year, this will enable continued work at a reduced rate while drawing a portion of the pension that has already been saved. To this end, partial retirement will be gradually restricted. In the future, it can only be used for three years instead of the previous five. The corresponding law is expected to pass the National Council before the summer. At a press conference, Social Affairs Minister Korinna Schumann (SPÖ) expressed her delight…

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