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ACT Commends Diane Maxwell for Starting Debate

ACT Leader David Seymour is commending Retirement Commissioner Diane Maxwell for starting the conversation New Zealanders need to have about Super and retirement, and challenging other leaders to put their cards on the table for younger voters to see before next years' election.

“ACT is the only party in parliament willing to have this debate, with every other leader running a mile from a sensible discussion,” says Seymour, “the figures Maxwell provides speak for themselves, with the number of over 65s doubling, the cost of super tripling, and the number of workers supporting each retiree falling from 4.4 to just 2.4 over the coming 20 years.”

Last year ACT proposed having a referendum on Super instead of the flag, but could not gain cross party support for taking on the issue.

“Ultimately this is about what sort of character we want in our governments. Do we want a Government that looks into the future and confronts difficult challenges, as the Retirement Commissioner is doing, or one that tells younger New Zealanders we’re not even allowed to discuss the future.

While there are a number of possible changes, ACT supports a gradual increase in the age of eligibility from 65 to 67, at a pace of two months per year every year beginning as soon as possible.

“John Key has said he will retire before the age raises. He could announce that he only wishes to be a five-term Prime Minister and that the adjustment will start in 2023, young New Zealanders can’t wait much longer than that. As the Commissioner rolls out an informative campaign, the issue will not go away."
ENDS

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