Poll: Is it time to raise New Zealand's superannuation age?
Outgoing Retirement Commissioner Diane Maxwell has been outspoken about the need to increase the pension age from 65.
"You used to get super for five years, then 10 and now 20 - soon it'll be 30. I'm not sure how we can fund people getting super for 30 years or more."
New Zealand has one of the simplest pension schemes in the world - all you have to do is be old enough and have lived in the country long enough and you can get it.
But that also makes it expensive - about $14.5 billion this year. Jobseeker benefits, by comparison, cost just $1.7b and sole parent support $1.08b.
To read the story click here
-
22.2% Yes
-
71.1% No
-
6.6% I don't mind either way
Create a Stunning Stain Feature Wall with Resene Colorwood
Transform your living room into a work of art with Resene Colorwood wood stains. Find out how to create your own stain feature wall with these easy step by step instructions.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Loading…