7. Terms and Conditions of Employment - Arbeitsmarktservice ...

Living & Working in Austria 2006
There are substantial changes for persons who purchased contribution months prior to 1 st
of January 2005 and have not yet reached their 50 th birthday:
• for women: 60 th birthday until 2024
• for women: 65 th birthday from 2033
• for men: 65 th birthday
• Contribution periods:
• minimum of 180 contribution months, i.e. 15 contribution years, whereby the child-raising
periods before 1 st of January 2005 will be considered
• and thereof minimum of 84 contribution months i.e. 7 years attributable to employment
These seven years of employment must be after 1 st of January 2005. The employment
periods also include:
• periods of caring for a handicapped child;
• periods of caring for close relatives (from care level 3);
• periods of family hospice leave.
More details are available at:
http://www.help.gv.at/Content.Node/27/Seite.270101.html#Versicherung
(Details on contribution periods, child raising periods)
http://www.help.gv.at/Content.Node/27/Seite.270228.html
(Care of close relatives)
http://www.help.gv.at/Content.Node/44/Seite.440300.html
Family Hospice Leave (Familienhospizkarenz)
Apart from the old-age pension, the following pension types exist:
• early old-age pension for long-term insured
• step-by-step retirement pension
• heavy labour pension (from 1 st of January 2007)
• interim allowance
• occupational incapacity, invalidity and occupational disability pension
• surviving dependents pension
More details are available at:
http://www.help.gv.at/Content.Node/27/Seite.270000.html
(Types of retirement pension)
An application for the old age pension can be submitted using the appropriate form or at your
pension insurance institution without a form.
Private pension schemes and pension savings plans offered and administered by companies
are becoming increasingly important.
Persons who take care of a handicapped family member may arrange for a pension plan on
a voluntary basis with costs being borne by the Family Burdens Equalization Fund
(Familienlastenausgleichsfond).
The following additionally applies to EU/EEA citizens and Swiss citizens:
� The pension application must be submitted to the competent pension insurance
institution in the country of residence of the person insured. It is then passed on to all
previous pension insurers.
� The acquired pension contributions from all countries should be taken into account to
determine whether the qualifying period designated for receiving a pension has been
fulfilled.
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