Parameter Regulation - Pension Insurance

Original Language Title: Parameterverordnung - Pensionsversicherung

Read the untranslated law here: https://www.global-regulation.com/law/austria/2997241/parameterverordnung---pensionsversicherung.html

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326. Regulation of the Minister of Finance on the setting of the parameter for the variable scope of the statutory pension insurance (parameter regulation - pension insurance)

On the basis of article 12 par. 5 of the Federal Budget Act 2013 (BHG 2013), Federal Law Gazette I no. 139/2009, last amended by Federal Law Gazette I no. 35/2012, is in agreement with the Federal Minister of labour, Social Affairs and consumer protection:

§ 1. For the variable scope of the statutory pension insurance (§ 1 No. 1 of the regulation of the Minister of Finance on the establishment of the areas where variable payout limits are allowed, Federal Law Gazette II No. 325/2012) the balance of income and expenses of the statutory pension insurance is set as a parameter, which are decisive for determining the payouts of the subdivision of 22 under application of the current legislation.

§ 2 (1) of part of the payout varies in the extent in which the value of the parameter changes.

(2) be paid bills from previous years, so changed the disbursement framework to the extent arising out of the settlement.

3. (1) this regulation with 1 January 2013 enter into force; It is however for the first time to use in the creation of the Federal Finance frame law 2013 to 2016.

(2) the Ordinance BGBl. II Nr 209/2008 occurs at the end of 31 December 2012 with the proviso that it 2013 apply BHG is still enforcement of § 122 para 3 override,.

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