23 Oct 2018

Increasing residency for NZ Super

From The Panel, 4:43 pm on 23 October 2018

A New Zealand First bill to increase the restrictions on who is allowed to receive the pension has been drawn from the ballot.

It proposes that people must be a resident here for 20 years to qualify for NZ Super, rather than 10 years as it is now. New Zealand has one of the lowest residency requirements in the OECD for pension eligibility.

Economist Cameron Bagrie joins the The Panel to discuss whether this would make NZ Super more sustainable.