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


Events for October
M T W T F S S
29 30 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
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 (ÖBB) have been pointed out as a haven of privileges for staff as statistics reveal that ÖBB 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 (SPÖ) 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 SPÖ’s coalition partner the People’s Party’s (ÖVP), however claimed such a move would not be courageous enough to get the indebted company – which is close to the state – 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

    People’s Party (ÖVP) Graz Mayor Siegfried Nagl has ended his faction’s 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 professor’s 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 carrier’s 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 professor’s 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  privileges  pension  Austria  Austrian  tackle  haven  retirement  workers  OECD  comparably  retired  social  pointed  expectancy  staff  Kern  statistics  Railways  increasing

Latest News

 

Halloween At The Zoo
Pumpkin pie might be the order of the day for people this Halloween but now zoo animals are also getting in on the act.

Baby Naked Mole Rats Born In Vienna
With their pink hairless bodies and fangs for front teeth, these baby naked mole rats were never going to win any cuteness contests at Schonbrunn Zoo in the Austrian capital Vienna.

Jihad Girls Gunpoint Retraction Of Desire To Go Home
Austrian anti-terrorism police believe that an interview given to a French magazine allegedly with one of the two teenage girls who fled to Syria to join in the jihad was probably carried out at gunpoint.

Get Shorty As Confused Bald Ibis Gets Lost Again
A rare bald Ibis that seems to have a different sense of direction to her fellow birds has once again had to be rescued after getting stuck trying to find a different route to the southern Italian feeding ground.

Alpine Trains Venture Into Space As The Final Frontier
Austria’s national railway line the OeBB has raised eyebrows after offering themed toilets including one that is supposed to "look and smell like outer space".

MEP caught In Brit papers Fraud Probe Jailed
A corrupt MEP caught by a British newspaper offering to propose amendments to EU laws in exchange for 100,000 euros a year has been given a three-year-jail term.

Vienna Jihad Girls Want To Come Home
The two Austrian teenage girls who became ‘poster girls’ for the jihad in Syria are now desperate to come home after getting completely disillusioned with their new lifestyles.

Mega-Station Opens
There was a festival atmosphere as Bundespresident Heinz Fischer opened Vienna's new Hauptbahnhof Friday morning.

Apple Truck Causes Traffic Jam
When 24 tonnes of apples are catapulted across a road it can only mean a jam.

Farmer Cleared Over Wolf Shooting
Furious animal rights campaigners have accused an Austrian farmer of lying after he shot dead a wolf that he claimed he thought was a fox.

 


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