Due to high losses

What the government is promising new pensioners

Due to high inflation, more than 100,000 new pensioners would suffer losses of up to 20,000 euros or more.

(Bild: dpa/Andreas Gebert)

New pensioners are threatened with five-figure losses due to unusually high inflation. The "Krone" reported on this and confronted the government. The government has now shown itself to be reasonable and wants to take countermeasures and "secure the value" of pensions. The "Krone" is aware of the turquoise-green plans.

In fact, more than 100,000 people in Austria are facing severe financial losses at the end of their working lives. This is still the current situation. However, under pressure from the "Krone" newspaper, which is campaigning on behalf of those affected, the government is now promising a remedy. We explain what this looks like and by when countermeasures must be taken.