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Publication of the adjustment factor

Pursuant to section 3 Act on the Limitation of Emoluments of Holders of Public Offices, the Austrian Court of Audit annually establishes and publishes until 5 December the adjustment factor for the remuneration of public officials on the basis of the information provided by the Federal Institute „Statistik Austria“ (Statistics Austria) and the Federal Ministry of Labour, Social Affairs and Consumer Protection. The remuneration of public officials is adjusted accordingly by 1st January of the following year. This factor either corresponds to the inflation rate of the previous year or the pension increase according to the General Social Security Act (ASVG) – depending on which value is lower.

For the calendar year 2017, the adjustment factor pursuant to section 3 par. 1 Emoluments Act is 1,008.