Austria takes next step

By Fachverband der Pensionskassen October 1999 (Magazine)

Supplementary pensions are becoming of vital importance to the Austrian market, according to the Fachverband der Pensionskassen The income of Austrian retirees is based on the three pillars: state pension, occupational pension and private (individual) pensions. Out of the total yearly benefits (approximately E30bn in 1997), about 90% is paid ...