Old-age provision

Old-age provision in Austria essentially consists of three pillars. While state old-age provision and the “Abfertigung neu” severance scheme are compulsory under law, in the case of private old-age provision and in the case of Pensionskassen (pension funds) you voluntarily pay in money for pension purposes.



Click on the respective area in the picture to find out more about occupational provision!


  • The Federal Ministry of Labour, Social Affairs, Health and Consumer Protection is responsible for state old-age provision.
  • In the case of voluntary private old-age provision you pay in yourself into savings and insurance products Further information can be found in the menu item Investments.
  • The FMA supervises a large number of providers of company old-age provision. You can get an overview about company old-age provision in Austria here: