Retirement age

Women born up to 31.12.1963 retire at 60 years. After that the age rises by six months per birth half-year, until for women born on or after 1.7.1968 it equals the men's age: 65 years.

Pension start: the start date, the first of the month after the birthday on which the age is reached; if the birthday falls on a first, that day (§ 223 (2) ASVG). The range runs from the earliest to the latest birthday in the half-year.

The corridor pension lets you retire before the statutory age (§ 4 (2) APG). Up to those born in 1963 from 62 years with 480 insurance months; since 2026 both values rise by two months per birth quarter, up to 63 years and 504 months (§ 38 APG). On the start date there must be no compulsory insurance from employment. For each month before the statutory age the pension falls by 0.425 %, i.e. 5.1 % a year. Women have the corridor pension only once their statutory age is above the corridor age.

The long-term insured pension ("Hacklerregelung") requires 540 contribution months from work, 45 years; up to 60 months of child-raising count, as do military and civilian service and maternity benefit, unemployment does not (§ 617 (13) ASVG). Men can take it from 62 years, women by birth half-year as in the table; up to the 1965 cohort that is their statutory age, so only younger cohorts retire earlier with it. For each month before the statutory age the pension falls by 0.35 %, 4.2 % a year (§ 25 (4) APG); there has been no reduction-free variant since 2022.

The heavy-work pension starts at 60 years at the earliest: 540 insurance months, at least 120 of them heavy work in the last 20 years before the start date (§ 4 (3) APG). The reduction is 0.15 % per month, 1.8 % a year. Since 2026 care professions can count as heavy work too.

Those who started work early get the early-starter bonus (§ 262a ASVG): €1.22 per contribution month from work up to the month of the 20th birthday (2026 value), at most 60 months, if there are 300 such months in all and at least 12 before 20. It is part of the pension and paid 14 times a year.

Retiring before the first of the month after the statutory age cuts the pension worked out from the pension account for every month earlier; retiring later raises it (§ 5 (2) and (4) APG). The increment applies at the earliest once the minimum insurance period is met and is capped at 15.3 %, i.e. 3 years of deferral. On top, the account keeps growing with every further working year.