Increasing superannuation eligibility will only save 0.3%

Increasing superannuation eligibility will only save 0.3%
A NZ First inspired policy on migration and superannuation has attracted mixed views.
Ian Llewellyn
The move to double the residency requirement for New Zealand Superannuation to 20 years will cost more to implement than it saves in the first few years before going on to reduce the overall NZ Super bill by about 0.3% in 2041, officials say.The residency requirement to receive superannuation is set to rise from 10-to-20 years after Labour indicated it would back a Member’s Bill on the issue. The New Zealand Superannuation and Retirement Income (Fair Residency) Amendment Bill was originally an NZ First MP’s bill but was picked up by...

More Policy

Govt to drop FIF tax burden on returning Kiwis, new migrants
Policy

Govt to drop FIF tax burden on returning Kiwis, new migrants

NZ is to change tax rules for migrants and returning NZers until asset gains are realised.

Staff reporters 12 Mar 2025
Golden visas spark 409% rise in NZTE page views
Policy

Golden visas spark 409% rise in NZTE page views

International investment agency kicks off visa roadshow amid investor frenzy.

The 'half-time' state of play, and more ...
Policy Business of Government

The 'half-time' state of play, and more ...

Our weekly round-up of public sector news and analysis.

Jem Traylen 12 Mar 2025
Northland Expressway dangled to investors at big Auckland summit
Policy

Northland Expressway dangled to investors at big Auckland summit

Government pitches multi-billion dollar Northland road to international investors.

Oliver Lewis 10 Mar 2025