Advance taxation of pension fund pensions - application possible until 31.10.2012

With the Stability Law 2012 for pensioners Company pensions, which are paid out from a pension fund, the one-off Possibility created, on a Pre-taxation this Pension Fund Pension („additional pension“) has been switched. To take advantage of this model, the entitled person must Written application by (the) latest End of October to its pension fund. Eligible to apply are all eligible persons who Additional pensions receive from a pension fund, provided that the pension scheme is structured without an unlimited obligation on the part of the employer to make further contributions and is subject to an interest rate of at least 3.51% applicable after 31 December 2001. „Without an unlimited obligation on the part of the employer to make further contributions“ means that the Pension amount of the investment and insurance technical Pension fund result abhängt. Wird die Zusatzpension des Arbeitgebers noch nicht bezogen, besteht aber eine Expectation open one Additional pension After retiring, an option for the advance model is also possible, provided that the entitled person was born before 1 January 1953 and therefore from 1 January 2013 Over 60 is. Once again, the model is based on the employer having no unlimited obligation to make additional contributions and on a minimum actuarial interest rate of 3.51%.

The Lump-sum advance taxation amounts to 25% the provision for benefits accrued from employer contributions as of 31.12.2011 less the gross pensions already paid out in 2012. The tax rate reduced to sich auf 20% if the monthly gross pension from the pension commitment averaged in the calendar year 2011 £300 not to be exceeded hat. The future Gross supplementary pension (as of 01.01.2013) reduced oneself Um die Pre-taxation (25% or 20%). Afterwards Remain 75% the monthly supplementary pension tax-free - 25% to become as before with the normal tax rate (i.e., together with the ASVG pension, for example) taxed. The question of Advantageousness of the change The preliminary model is heavily dependent on, among other things, the level of the ASVG pension and the level of the employer's pension. Influential are also the Expectation regarding the future increase of these pensions, as well as Interest rate expectations, which are difficult to predict. Therefore, only broad outlines given when a change is sensible (a Switch can Also disadvantageous (!). Firstly, the higher the ASVG pension and the supplementary pension, the more one stands to gain from the future tax rate of just 25% on the supplementary pension. A slight advantage results mathematically for almost all people who a ASVG Pension over €1,100 monthly relate. The lowest tax benefits are found in the range of average pension fund pensions from €300 to €500 per month. On the website of the Austrian Pensioners' Association (www.pvoe.atis there an individual Calculation calculator. Subsequent Numerical examples should show the potential benefit (in €):

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