How the Austrian pension account works
Everyone born from 1955 has a pension account (Pensionskonto). Every year 1.78 % of your annual gross income — all 14 salaries, up to the maximum contribution base of €6,930 a month in 2026 — is credited to it, and the total is revalued each year (2026: × 1.073). The gross monthly pension is the total credit divided by 14 and is paid 14 times a year; 45 years at the same relative income give 80.1 % of your average salary.
The regular retirement age is 65. For women it rises in half-year steps from 60 to 65 for those born between 1964 and mid-1968. The corridor pension (Korridorpension) allows retirement from 62, rising to 63 for later birth years, with 40 to 42 insurance years and a reduction of 5.1 % per year; working beyond the regular age raises the pension by 5.1 % a year, up to 15.3 %. Child-raising periods are credited for 48 months per child.
Because most of the pension comes from the state, the gap is often small for average incomes and larger for incomes above the maximum contribution base. For the gap the calculator shows the premium-subsidised retirement saving (prämienbegünstigte Zukunftsvorsorge, up to €3,817.04 a year with a 4.25% state premium) and own contributions to a company Pensionskasse. Your Pensionskonto statement (Kontomitteilung) gives the exact credit so far.
The net pension is shown after the health insurance contribution on all 14 payments and after wage tax, reduced by the pensioner tax credit; the 13th and 14th pensions are taxed separately like special payments.