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Retirement Income Provision in NZ: A Way Forward.

The Institute of Policy Studies

Retirement Income Provision in New Zealand: A Way Forward.
By Richard Hawke

To be launched by Diana Crossan, Retirement Commissioner - Wednesday 16th March

Funding retirement has become a major policy problem debated in governments and households worldwide. While many still think of retiring at age 65, most can now expert to live – and need income – for another quarter of their lives. Richard Hawke outlines the issues surrounding retirement income and considers both practical and policy concerns.

His examination includes an overview of worldwide trends in policy reform and highlights the benefits and shortfalls of various retirement arrangements. He also compares compulsory retirement savings models that allow individuals to take responsibility for their own retirement. In a specifically New Zealand context he offers coherent suggestions for the future. This text is a valuable resource for anyone interested in the problem of sustaining income as people age.

This book is the product of Dr Hawke’s Henry Lang Fellowship at the Institute of Policy Studies in 2003/4. Henry Lang had a distinguished public service career, culminating as Secretary to the Treasury. He was the first chair of the Institute of Policy Studies Board on its establishment in 1983 and his generous bequest has funded an annual Fellowship to study and publish on important aspects of public policy in New Zealand.

ENDS

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