New Zealand. Prime Minister Jacinda Ardern firm on keeping Superannuation age at 65
Prime Minister Jacinda Ardern says if the National Party hadn’t stopped contributions to the Superannuation Fund, there’d be no need to discuss raising the Superannuation eligibility age to 67.
National announced yesterday it was sticking to its previous promise to raising the Superannuation eligibility age to 67 from 2037 if it were elected to government next year.
Prime Minister Jacinda Ardern told Morning Report: “Our argument of course has always been that if we continue to make contributions to the New Zealand Superannuation Fund that we can ensure the sustainability of Super and the settings as it currently stands.
“We want to give people some confidence of that. We restarted contributions as soon as we took office, over the next five years those contributions will swell to $9 billion and that’s a firm commitment we have made that we are keeping.
“This is a policy that National had when they were last in office… We disagree, this is a clear policy difference between the two parties. Our view again is that if we’d had maintenance of contributions to the Super Fund, which the National government stopped, we wouldn’t be having this conversation in the first place.” Ms Ardern said New Zealand was different to other countries that had raised the retirement age to 67.
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