Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

NZ First stance on superannuation eligibility clear

There is no ambiguity whatsoever on the part of New Zealand First when it comes to superannuation entitlement, says List MP Mark Patterson.

The New Zealand Taxpayers' Union says savers deserve to know what plans politicians have for superannuation in light of a new report from think-tank The New Zealand Initiative which warns that maintaining the age of eligibility at 65 will come at an increasing cost as the population ages.

NZ First policy on NZ Super has always been consistent; that NZ Super remains a universal entitlement at age 65 with no means-testing for all New Zealand residents.

“However, I have a Member’s Bill before Parliament which proposes increasing the residency requirement for full NZ Super from the current 10 years to 20 years of residency after age 20.”

While other parties have toyed with raising the age and means testing, only NZ First has addressed the residency issue. BERL has estimated that changing the residency requirement to 20 years would generate savings of more than $80 million in the first year alone.

“My NZ Superannuation and Retirement Income (Fair Residency) Amendment Bill would contribute to the sustainability of NZ Super and gives a fair go to hard-working Kiwis.”




© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


Remembrance: Anzac After Christchurch

A community group is creating The Sound of Peace, a crowdsourced soundscape that captures messages of peace from New Zealanders in their own voices and languages...

The Anzac Eve event, The Art of Remembrance with Kristin Darragh, is a concert and memorial service in the grounds of the historic St David’s Memorial Church in Uptown Auckland.

‘As we remember the lives lost in World War One, we remember the horrors of all wars, and the potential to reach out across the divides now to expand understanding and a sense of our shared humanity.’ More>>

 

NZ And France To Seek To End Use Of Social Media For Terrorism

New Zealand and France announced today that the two nations will bring together countries and tech companies in an attempt to bring to an end the ability to use social media to organise and promote terrorism and violent extremism, in the wake of the March 15 terrorist attacks in Christchurch New Zealand. More>>

ALSO:

Christchurch Attacks: Families Offered Option To Stay Permanently

Immigration New Zealand has created a special visa category for those directly impacted by the shootings at Al Noor Mosque and Linwood mosque, as well as their families. More>>

ALSO:

Auckland: Consent Granted For Queens Wharf Cruise Ship Upgrade

In its decision, released this afternoon, Auckland Council says that although the upgrade will have a "range of adverse effects on the environment, both during construction and operation", these can be managed to an "acceptable" level. More>>

ALSO:

Welfare: Access To Hardship Grants Hits Record High

Figures from the Ministry of Social Development for the March 2019 Quarter showed that hardship assistance grants increased by $48 million in the past year... They also showed the emergency housing grants went from $6.6m to $23m, and there were 70,000 extra requests for assistance for food. More>>

ALSO:

Gordon Campbell: On Scrapping The Capital Gains Tax

As PM Jacinda Arden said yesterday, there was no point in Labour bringing a proposal into the House that it didn’t have the votes to get passed. Looking back, maybe she always felt this outcome to be inevitable... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels