Reasons for the mega-plus

Why future pensions will rise sharply

The total credit on the pension account will increase more than ever before at the beginning of next year

(Bild: Markus Wenzel)

Everyone in employment can expect a record increase in their future pension entitlements: This is because the total credit in your pension account will be upgraded at the beginning of next year - and more than ever before. Krone+ analyzes what this means in concrete terms for everyone.

At neuespensionskonto.at, everyone can already see at a glance how high their pension entitlements (= total credit) are. And these will increase significantly next year. Winfried Pinggera, Director General of the Pension Insurance Institution (PVA), explains why this is the case - and how big the increase is for each employee.