The Austrian Senior Citizens' Council has commissioned the to develop a new incentive system aimed at increasing employment among older workers. The proposed revenue-neutral model would adjust social security costs.
Led by Ingrid Korosec and Birgit Gerstorfer, the initiative addresses the fact that 20 percent of unemployed citizens are over age 55. The plan involves a bonus-malus system based on the proportion of staff over 60, with a formal proposal due by late 2026.
While Neos leader Beate Meinl-Reisinger called for an all-party pension summit this autumn, Korosec, Gerstorfer, and Christine Mayrhuber have expressed opposition. Currently, older employees represent only 17 percent of the nation's total salaried workforce.