Pensions: This Increase Could Bring 2026

Pensions could rise by around 2.7 percent in 2026. The anticipated statutory adjustment value for the increase in pensions is now set with the inflation figures from the preliminary estimate by Statistics Austria for July. This is because it is derived from the average inflation values from August 2024 to July 2025. Accordingly, the adjustment factor is expected to be 2.66 percent. Of course, politics can also decide on higher or lower allocations.

Negotiations Regarding Pensions

The government has not yet commented on how it intends to handle the pension increase this year. The economic and budgetary situation demands "prudent and responsible action in pension adjustments," it was stated on Friday from the Federal Chancellery. Intensive discussions are taking place within the coalition on this matter. The Ministry of Social Affairs also emphasized that they are "working on a social, fair, and comprehensible solution for the benefit of the older generation and society as a whole."

This year, pensions were increased by the statutory adjustment factor of 4.6 percent - capped up to the ASVG maximum contribution basis of 6,060 euros per month. In principle, family and social benefits should also increase by the same value as pensions, but the valorization for income-independent benefits - such as family allowance and childcare allowance - was suspended for two years.

Change in Adjustment Factor Possible

The adjustment factor could still change slightly because the current inflation figures still include the preliminary value for June 2025 and the preliminary estimate for July 2025.

(APA/Red)

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