No social insurance scheme before 2024: Robertson

Fri, 25 Sep 2020

A re-elected Labour-led government will continue work already under way on a social insurance scheme, but it will not be implemented within the next parliamentary term, says Finance Minister Grant Robertson.Speaking in a debate on Radio New Zealand with his National Party counterpart, Paul Goldsmith, Robertson confirmed such a scheme could be akin to the country’s no-fault accident compensation scheme, which is paid for by a combination of employer levies and investment returns earned by the Accident Compensation Corp.’s investment...

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