By international standards occupational pensions are not very common in Austria. They are implemented using several financial
modes. Of the three most important ones, i.e., pension funds, group life insurance and direct pension commitments only pension
funds offer a comprehensive data base. Any assessment of the other two occupational pension types depends on company surveys,
as carried out by WIFO now for the third time. The survey results point to an expansion of occupational pension schemes in
the private sector. The implementation of salary reforms in the civil service significantly enhanced the prevalence of occupational
pension schemes. Nevertheless, the average contribution to new contracts is low, so that comparatively small supplementary
pensions can be expected in the future.
Keywords:Occupational pensions; pension system; public pension;Austria
Forschungsbereich:Makroökonomie und öffentliche Finanzen