Austrian Times RSS FeedsLike the Austrian Times Facebook page!Follow us on Twitter!


Events for December
M T W T F S S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4
Add your event FREE

Today

Videos


BurgKino

Pub Quiz everyTuesday at Johnny's Pub

Popular in Austria


Cosmo&Nanu

Austria shamed by EU-wide pension age list

Austria has made the top three in a humiliating European Union (EU) retirement age ranking.

The Organisation for Economic Co-operation and Development (OECD) figures presented today (Weds) reveal that Belgium and France were the only other EU member states with a comparably low average pensioning age as Austria where men retire on average at 59 and women at 58.

The EU average is two years higher for each, the OECD said. International comparisons meanwhile exposed in the US that Americans work five years longer than Austrians, while Japanese workers and employees beat Austria by a stunning ten years.

These figures are expected to put pressure on the government and its plans to react to the soaring costs in healthcare and the social system also caused by a steady ageing of the society.

Researchers have appealed to political leaders to consider their concepts to stop the cycle of rising expenses due to the increasing life expectancy with a comparably low age of retirement.

The Austrian Federal Railways (÷BB) have been pointed out as a haven of privileges for staff as statistics reveal that ÷BB workers retired at an average age of 52.

Christian Kern remained tight-lipped over how he planned to tackle the problem since he took over as new boss of the firm earlier this month.

Social Democratic (SP÷) Traffic Minister meanwhile Doris Bures said she wanted to increase the age of retirement by at least one year annually from 2011.

Reinhold Lopatka, financial affairs state secretary of the SP÷ís coalition partner the Peopleís Partyís (÷VP), however claimed such a move would not be courageous enough to get the indebted company Ė which is close to the state Ė back on track.

Austrian Times


Are you on Facebook? Like the Austrian Times on Facebook and win great prizes!


Cosmo and Nanu
ORF Watch

Related articles: political scandals

  1. Drachma reintroduction 'would mean social explosion'

    » General News 2012-05-31

    A renowned economist has warned from reintroducing the drachma in Greece.

  2. EC warns debt-ridden Austria

    » General News 2012-05-31

    Austria has been criticised for its high public debts.

  3. Graz coalition collapses

    » General News 2012-05-31

    Peopleís Party (÷VP) Graz Mayor Siegfried Nagl has ended his factionís partnership with the Greens.

more related articles tagged "political scandals"

Related articles: EU

  1. Best of the bookshelf in May, part four

    » Panorama 2012-05-31

    A Harvard University professorís book on the killing of Osama Bin Laden, a collection of funny experiences on planes and many more interesting releases are out now.

  2. Drachma reintroduction 'would mean social explosion'

    » General News 2012-05-31

    A renowned economist has warned from reintroducing the drachma in Greece.

  3. EC warns debt-ridden Austria

    » General News 2012-05-31

    Austria has been criticised for its high public debts.

more related articles tagged "EU"

Related articles: business scandals

  1. AUA under pressure as pilots quit

    » Business 2012-05-30

    The number of pilots and stewardesses leaving Austrian Airlines (AUA) because of the upcoming pay cuts is on the rise.

  2. Pay cuts scare off AUA pilots

    » Business 2012-05-29

    Dozens of pilots have left Austrian Airlines (AUA) in the past weeks, according to the loss-making carrierís works committee.

  3. Coalition accelerates anti-corruption ambitions

    » General News 2012-05-24

    The government is intensifying its attempts to pass a transparency package in parliament.

more related articles tagged "business scandals"

Related articles: Austria & America

  1. Best of the bookshelf in May, part four

    » Panorama 2012-05-31

    A Harvard University professorís book on the killing of Osama Bin Laden, a collection of funny experiences on planes and many more interesting releases are out now.

  2. Best of the bookshelf in May, part three

    » Panorama 2012-05-30

    A long-lost urban photography collection, an excellent new travel guide for Croatia and a new book about growing up in Austria in the 19th century are out now.

  3. Brodbeck criticises credit rating 'hysteria'

    » Business 2012-05-01

    A German economist has warned from "dangerous monopoly circumstances" in the global rating business.

more related articles tagged "Austria & America"

Tag cloud:
planned  social  workers  expectancy  Austria  comparably  retired  tackle  staff  pension  privileges  increasing  OECD  retirement  haven  Railways  statistics  Kern  pointed  Austrian

Latest News

 

Ebola's deadly reach impacts Vienna student
Austria has yet to record its first case of Ebola, but the feared virus has already had a severe impact on the lives of Africans living in Vienna.

Grigorij Sokolov Works His Magic At Vienna Konzerthaus
Whilst the world-famous Wizard of Oz played at the Volksoper, there was another Wizard in the Konzerthaus giving his 16th performance in Vienna!

Penelope Cruz To Play The Ice Cream Killer
The memoirs of the woman dubbed the Ice Cream Killer after she shot dead two ex-lovers before hacking the bodies up with a chainsaw and telling neighbours the noise was a new ice cream machine are due to be turned into a blockbuster with Penelope Cruz playing the lead role.

Kid Left In Coma After Beaten By Teacher For Talking
This is the shocking image of a little Chinese girl before and after she was punished by her teacher - for talking in class.

Freezing Rain Causes Chaos In Central Europe
Freezing weather has arrived in Europe with a vengeance with a layer of ice blanketing parts of Austria, Germany and the Czech Republic and causing traffic chaos.

Holey Smoke As Car Disappears Down Sinkhole
Motorist Wei Hsiao found himself in a hole lot of trouble in China when a giant sinkhole opened up on the road beneath him, swallowing his entire car.

Shock Moment Police Helicopter Explodes On Street
This is the moment a police helicopter exploded into a spinning ball of flame in Chile when a fire truck clipped one of its rotors.

More Than Twenty 100,000 GBP Motors Used In Bridal Convoy
A Chinese couple who wanted to have the most expensive wedding convoy possible arranged for a convoy of top of the range cars including a stretch Hummer followed by Lamborghinis, Porsches and other VIP motors.

Riot Police Star In Downs Syndrome Calendar
Spanish riot police have joined forces with Down's syndrome kids to take part in a special calendar for charity.

Chinese Nuclear Winter Smog Leaves Clinics Full
Fresh proof of Chinese scientists' claims that the country's toxic air pollution resembles a nuclear winter are shown by these images that show clinics and hospitals packed with patients suffering with trouble breathing.

 


Mala Vrata

The most popular stories –
last 7 days



Don't moan alone, the Ombudsman Investigates.

Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.

Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.


Austrian Zimmers