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Thinking outside the box: Perspectives on pensions The Austrian and German pension systems compared

[19-06-2017 - 20-06-2017]
AK EUROPA, the Brussels office of the Austrian Federal Chamber of Labour, ÖGB Europabüro, the Brussels office of the Austrian Trade Union Federation and the Brussels office of the German Trade Union Federation DGB would like to cordially invite you to our event:

Thinking outside the box: Perspectives on pensions
The Austrian and German pension systems compared

Tuesday, 27 June 2017, 18:30h

Permanent Representation of Austria to the EU, 1st floor
Avenue de Cortenbergh 30, 1040 Bruxelles

Europe is growing older. This poses major challenges, above all for the sustainability of pension systems. So far, Austria and Germany have encountered them very differently:

Germany has greatly reduced the benefit level of statutory pensions and has instead pushed the expansion of capital-based private and occupational pensions.

Austria, too, has implemented comprehensive reforms – albeit with a completely different approach: Strong statutory pensions still play a crucial role even for today's youth.

A study published by the Institute of Economic and Social Research (WSI) compared the two countries’ pension systems and their respective reform paths. Key results show: Today, statutory pensions for people with similar employment histories are much higher in Austria than in Germany, and German pensions will decrease even further in the future. The German reform objective, i.e. to compensate for the reduction of statutory pensions by expanding private and occupational pensions, has clearly been missed.

The event discusses the comparative study of pension systems and the lessons-learned from the very different reform paths Austria and Germany have pursued. Thereby, particular emphasis is put on the European Commission’s announcement to integrate the social dimension more prominently within the European Semester.

Introduction:

Josef WÖSS, Austrian Federal Chamber of Labour (AK), Head of Social Policy Unit

On the panel:

Ana-Carla PEREIRA, European Commission (DG EMPL), Head of Modernisation Social Protection Systems Unit

Josef WÖSS, Austrian Federal Chamber of Labour (AK), Head of Social Policy Department

Markus HOFMANN, German Trade Union Confederation (DGB), Head of Social Policy Department

Renate HORNUNG-DRAUS, Confederation of German Employers’ Associations (BDA), Director of European and International Affairs Unit (tbc)

Moderation:

Verena SCHMITT-ROSCHMANN, German Press Agency (dpa)

The discussion will be held in German and English with simultaneous translation.

After the event, we invite you to a buffet.


Please register for the event by clicking:

Yes, I will attend the event


For further information:

Tel: 02 230 62 54 or 02 230 74 63

E-Mail: office@akeuropa.eu or europabuero@oegb-eu.at


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