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06: The Pension System as a Ponzi Scheme?

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Hauptschule
Breakout
german language

Supported by the Federation of Austrian Industries
A growing imbalance between working life and retirement, an early actual retirement age and ever higher state subsidies for pensions – is the Austrian pension system being stretched to its limits? What are the incentives (not) to retire early? Is our pension system a Ponzi scheme in which everybody has the aim of getting the most out of it? Which contributions do the real economy and finance make to old-age provisions? How can people be encouraged to assume their personal responsibility? Are reforms in Austria lagging behind? These questions will be discussed by:

Chief Risk Officer, Erste Group Bank AG, Vienna
President, Austrian Sports Organisation; Former Austrian Federal Minister for Labour, Social Affairs and Consumer Protection, Vienna
Investment Banker and Author, Vienna
Head of Social Policy, Directorate of Employment, Labour and Social Affairs, OECD - Organisation for Economic Co-operation and Development, Paris
Managing Director, Rupert Fertinger GmbH, Wolkersdorf
Careers and Business Editor, Kurier, Vienna

Array Willibald CERNKO

Chief Risk Officer, Erste Group Bank AG, Vienna

Account Executive, Raiffeisenbank, Obdach-Weißenkirchen Corporate Banking Division, Creditanstalt AG, Vienna Deputy Head, Corporate Banking Division, Creditanstalt AG, Vienna Head, Corporate Banking Division, Creditanstalt AG, Vienna Head, CEE Division, Bank Austria Creditanstalt AG, Vienna Member, Management Board, Bank Austria Creditanstalt AG, Vienna Member, Management Board, HVB AG, Munich Head, Retail Germany and Austria Division with the Group Title of Executive Vice President, UniCredit, Vienna Country Chairman Austria and Member of the Management Committee with Title of Senior Executive Vice President, UniCredit S.p.A., Milan
1983-1985
1985-1996
1996-1998
1998-2000
2002-2003
2003-2007
2006-2009
2008-2009
since 2009

Array Rudolf HUNDSTORFER

President, Austrian Sports Organisation; Former Austrian Federal Minister for Labour, Social Affairs and Consumer Protection, Vienna

Union of Municipal Employees (Gewerkschaft der Gemeindebediensteten - GdG), responsible for youth affairs Secretary General, Expert on organisational questions, Union of Municipal Employees (GdG) Member of Vienna's Provincial Diet and City Council First Chairman of Vienna's City Council Chairman of the "Landesgruppe Wien" (Vienna's faction at the GdG) (Executive) Chairman of the Union of Municipal Employees (GdG) Chairman of the Social Democratic Trade Unionists (Fraktion Sozialdemokratischer GewerkschafterInnen - FSG) Vice President of the Austrian Trade Union Federation (Österreichischer Gewerkschaftsbund - ÖGB) (Executive) President of the ÖGB Minister of Social Affairs and Consumer Protection of the Republic of Austria Minister for Labour, Social Affairs and Consumer Protection of the Republic of Austria
1975-1983
1983-1998
1990-2007
1995-2007
1998-2001
2001-2007
2003-2006
2003-2006
2006-2008
2008-2009
2009-2016

M.Sc. Gerald B. HÖRHAN

Investment Banker and Author, Vienna

Assistent für Statistik, Harvard University, Cambridge Analyst, Mergers and Acquisitions Department, JP Morgan, New York Berater, Corporate Finance, McKinsey & Co, Frankfurt Partner und Teilhaber, Qino Group, London/Zug/Wien
1995-1998
1998-1999
1999-2000
2000-2003
  Eigentümer und Geschäftsführer, Danube Advisory GmbH, Wien
  Teileigentümer und Vorstand, Pallas Capital Holding AG, Wien
  Aufsichtsrat und Stiftungsvorstand diverser Gesellschaften
  Miteigentümer, edition a, Wien
  Immobilieninvestor
  Lehrbeauftragter für Entrepreneurship, Wirtschaftsuniversität Wien

PhD Monika QUEISSER

Head of Social Policy, Directorate of Employment, Labour and Social Affairs, OECD - Organisation for Economic Co-operation and Development, Paris

Free-lance producer/reporter, Bavarian Federal Broadcasting, Munich Research associate, Department for Development Economics, ifo Institute for Economic Research, Munich Young Professional and Financial Specialist, The World Bank, Washington DC Administrator, Division "Global Interdependence", Development Centre, OECD - Organisation for Economic Co-operation and Development, Paris Senior Social Policy Analysis, Social Policy Division, OECD, Paris
1985-1990
1990-1993
1993-1997
1997-1998
1999-2007

Veit SCHMID-SCHMIDSFELDEN

Managing Director, Rupert Fertinger GmbH, Wolkersdorf

Humanistisches Gymnasium St. Pölten, Matura Studien an der Montanuniversität Leoben, Fachrichtung Hüttenwesen sowie Betriebswirtschaft an der Übernahme von Aufgaben im Familienunternehmen M. Schmid & Söhne / Wilhelmsburger Eisenwerk; Produktionsprogramm: Eisenguss, Bauteile aus Gusseisen für Fahrzeugbau, Getriebeherstellung und Maschinenindustrie; ab 1979 leitende Funktionen Vorstandsmitglied und 1992 - 1995 Präsident der 1031 Gruppe der Jungen Unternehmer und Führungskräfte der Vereinigung Österreichischer Industrieller Gründung von Tochtergesellschaften in der Slowakei; Produktion, Einkauf und Beratung Ritter des Johanniterordens, Mitglied der Gemeindevertretung der Evangelischen Kirche AuHB Präsident der YES (Young Entrepreneurs for Europe), die Vereinigung der nationalen europäischen Konfederationen Junger Unternehmer Übernahme von Geschäftsanteilen und Geschäftsführung des Eisenwerkes der WEBA, Chemnitz, BRD. Ausbau des Standortes und Konzentration der Gussproduktion Mitglied der "Round Tables for Bankers and Entrepreneurs" der DG 23 der Europäischen Kommission Nach Verkauf der Beteiligung Übernahme von Beratungsaufträgen für Produktionsunternehmen in Österreich und in der Slowakei sowie M&A Projekte Kauf der Fertinger Unternehmensgruppe, Schwerpunkt Metallindustrie, 3 Fabriken in Niederösterreich, Lieferprogramm Automotive Komponenten, Ventiltechnik, Sanitärindustrie
1974
  Johannes Keppler Universität, Linz
1974
1976-1995
1988-1995
1991
seit 1993
1994-1996
1994-2000
1995
2000-2002
2002

Mag. Sandra BAIERL

Careers and Business Editor, Kurier, Vienna

Studium der Politikwissenschaft, Publizistik und Kommunikationswissenschaft, Anglistik und Amerikanistik, Universität Wien Studienjahr, University of Ulster, Coleraine Austria Presse Agentur, Wien PR-Agentur (Kunden: Nokia, La Roche Posay, Emporia Telecom), Wien Journalistische Ausbildung in der NEWS-Lehrredaktion, Wien Journalistin, Magazin Woman, Ressorts: Aktuell, Karriere, verantwortlich für die Homepage, NEWS Verlags GmbH, Wien Journalistin und Chefin vom Dienst, Magazin Gesundheit, verantwortlich für Homepage, Newsletter, Wien Chefredakteurin, Kundenmagazin Nivea (Auflage: 100.000), Wien Feature-Stories, Fokus: Frauen- und Karriere-Themen, Wirtschaftsblatt, Wien Ressortleiterin Karrieren, KURIER, Wien
1996-2000
1999-2000
2000
2000-2001
2001
2001-2003
2003-2006
2005-2008
2006
seit 2006

Economic Symposium

show timetable
Kategorie: all Breakout Plenary Social

27.08.2013

12:00 - 12:20 Opening Plenary
12:20 - 13:30 Finance and the Real Economy: Together or Apart? Plenary
13:30 - 13:50 Political Corner Plenary
14:50 - 16:30 Making Finance Meet the Real Economy’s Requirements Plenary
18:30 - 19:30 Miha Pogacnik: What Businesses can Learn from Music Plenary
19:30 - 20:30 Smart Blue Hour hosted by IBM Social

28.08.2013

06:00 - 06:45 Sustainable Entrepreneurship – Book Presentation on the Business Model of the Future Partner
06:00 - 06:45 management club Business Breakfast “Integrationsfall Europa” Partner
07:00 - 08:10 The Future of Corporate Funding Plenary
08:10 - 08:30 Political Corner Plenary
09:00 - 11:30 Working Group 05: Living with Risk and Speculation Breakout
09:00 - 11:30 Working Group 09: Design Thinking as a Tool for Innovation Breakout
09:00 - 11:30 Working Group 01: The Real Economy and Finance in the “Network of Responsibility” Breakout
09:00 - 11:30 Working Group 07: Workforce Diversity: Living with and Managing Demographic Change Breakout
09:00 - 11:30 Working Group 10: New Energies for Europe – Between Cooperation and Competition Breakout
09:00 - 11:30 Working Group 03: What Happens to Our Values if Computers Learn how to Think? Breakout
09:00 - 11:30 Working Group 06: The Pension System as a Ponzi Scheme? Breakout
09:00 - 11:30 Working Group 02: Business, Society and Politics: Assigning Responsibility for Results Breakout
09:00 - 11:30 Working Group 04: Touch the Future – Security and Identity in a Digital World Breakout
09:00 - 11:30 Working Group 08: Implementing the New World of Work, a Progress Report Breakout
11:30 - 12:30 Lunch Reception Social
12:30 - 15:00 Working Group 17: From Goodwill to Financial Company Value Breakout
12:30 - 15:00 Working Group 16: Alternative Sustainable Economic Concepts Breakout
12:30 - 15:00 Working Group 11: Connected Learning, Connected Schools Breakout
12:30 - 15:00 Working Group 15: Rethinking Capitalism: The Future of Our Economic Model Breakout
12:30 - 15:00 Working Group 18: Back to the Real Economy – Towards a New Industrial Policy for Europe Breakout
12:30 - 15:00 Working Group 13: Our Life After the Digital Revolution Breakout
12:30 - 15:00 Working Group 19: Industrial Production in the City of the Future Breakout
12:30 - 15:00 Working Group 12: Financial Literacy, Decision-Making in Complex Situations Breakout
12:30 - 15:00 Working Group 14: Prosperity for All? Austria’s Top Managers in Dialogue with Ludwig Erhard Breakout
12:30 - 15:00 Working Group 20: Rating Agencies Between Governments and Businesses Breakout
16:00 - 17:30 Peter Drucker Special Lecture: Leadership and Values in a Complex World Plenary
19:30 - 21:30 get2gether hosted by T-Mobile Social

29.08.2013

06:30 - 07:00 “Kater” Breakfast Partner
07:15 - 08:15 The New Role of Central Banks in Crisis-Management Plenary
08:45 - 10:20 New Growth in Europe? Plenary
10:20 - 10:30 Closing Plenary
14:45 - 18:00 Generali 3 Banken Business Dialogue “Experiences and Values” Partner