Austria's pension and social security system is primarily regulated by the EU.
Pension is calculated based on the amount of contribution and the time period over which it has been accrued. If, after being gainfully employed elsewhere, a person returns to Austria, the pension acquired abroad will be disbursed separately from the pension acquired in Austria.
For more detailed information on pensions in Austria, click here.
Update 16/05/2009
Keep more of your money when transferring funds overseas!
If you want to move money abroad, from Austria or to Austria for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Why Fexco
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Main characteristics
Fexco will help you to keep your overseas money transfer costs to a minimum.
| Margin | 0.6% |
|---|---|
| Regulator | FCA |
| Fee | £10 < £5K or Free > £5k |
| Mini | £1K |
| Ccy | All (130 currencies, incl ‘exotics’) |
| Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
Get an online quote today
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.