Austria raises pensions but increases retirees' tax burden
Average pension increase of 5.2% takes effect in July 2024.
Published 11sem1 sourceNotable
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1.2 million
1.2 million pensioners will be affected by this measure starting in 2025
The fact
Tax reform gradually eliminates retirees' tax allowances.
1.2 million pensioners will be affected by this measure starting in 2025.
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