{
  "id": 16775530,
  "title": "Politics: Secretary of State for Finance in an interview: This is how Austria wants to change from a savings account country to an investor country",
  "url": "https://urgent.news/2026/10/27/politik-finanzstaatssekretarin-im-interview-so-will-osterreich-vom",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-27T17:12:13.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/international/politik-wie-oesterreich-vom-sparbuch-zum-anlegerland-werden-will/100264248.html"
  },
  "original_language": "de",
  "account": "Austria is reforming its pension system, introducing a \"future deposit\" for children born from January 1, 2027, with a one-time state payment of €500. Parents and others can contribute up to €5,000 per year, and the child can withdraw the entire amount tax-free at 18. The government also launched the \"Aktivpension\" for those working beyond retirement age, offering a €1,250 monthly tax exemption. The reforms aim to encourage long-term investment and increase the country's low pension savings, currently at 7% of GDP, compared to 200% in Denmark.",
  "summary": "Future pension fund, active pension, company pensions: The Vienna coalition is restructuring the pension system. Secretary of State for Finance, Eibinger-Miedl, explains the plans in an interview. One measure is coming late.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}