24 February 2014

Super Age Debate Getting A Little Tired

The Finance Minister’s comments on the superannuation age of entitlement at the G20 yesterday are a case of same old, policies delivering same old results says Leader of UnitedFuture, Peter Dunne today.

“The Prime Minister’s cast iron commitment not to raise the age and Labour’s inability to articulate any firm answer on their policy creates an unfair level of uncertainty for New Zealanders.

“It is time the Government returned the choice to New Zealanders rather than dictating a specific age at which we must begin to receive our superannuation entitlement.”

UnitedFuture’s Flexi Super policy gives that choice to individuals.

“We believe that people can make their own choices better than the Government can.

“Frankly, I’ll be very surprised and disappointed if National, the party that values individual responsibility and freedom, disregards that” Mr Dunne says.

Flexi Super allows New Zealanders to choose when to take up their superannuation entitlement at any age between the ages of 60 and 70, with a scale of payments that depends on the age of take-up.

Polling last year showed strong support for Flexi Super, and a government discussion paper on how a Flexi Scheme might work was released in August 2013.

“I will be meeting Bill English shortly to discuss outcome of the consultation process and the Government’s future intentions.

“Flexi Super will be an important plank in UnitedFuture’s election campaign this year,” Mr Dunne says.

More information on the Flexi Super policy can be found www.beehive.govt.nz/feature/discussion-paper-flexible-superannuation-0

ENDS

© Scoop Media