Raise the eligibility age for NZ Super: NZ Initiative

Raise the eligibility age for NZ Super: NZ Initiative
Jenny Ruth
By Jenny Ruth Dec. 4 (BusinessDesk) -  New Zealand’s pension age is an “historical artefact” that should be reviewed because it risks transferring money from the working poor to the relatively rich. That’s the conclusion of New Zealand Initiative research fellow Jenesa Jeram who says the pension age has to rise and should be linked to health expectancy. “The pension age is the same as it was in 1898 when fewer than half of all males were expected to live that long,” Jeram said in her report: ‘Embracing a Super Model: The superannuation...