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The New Zealand Superannuation Fund (Māori: Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa) is a sovereign wealth fund in New Zealand.New Zealand currently provides universal superannuation for people over 65 years of age and the purpose of the Fund is to partially pre-fund the future cost of the New Zealand Superannuation pension, which is expected to increase as a result of New Zealand's ...
Date of Royal assent Notes Reserve Bank of New Zealand (Economic Objective) Amendment Act 2023 2023/64: 19 December 2023 Fair Pay Agreements Act Repeal Act 2023 2023/65: 19 December 2023 Land Transport (Clean Vehicle Discount Scheme Repeal) Amendment Act 2023: 2023/66: 19 December 2023 Secondary Legislation Confirmation Act 2023 2023/67: 22 ...
The AOW pension age depends on an individual's birth-date, with those born before 1 January 1961 having a pension age of 67 years, [31] while those born between the 1 January 1961 and 30 September 1962 have a pension age of 67 years and 3 months, [31] and those born after the 1 October 1962 having a currently unknown pension age.
The New Zealand Government reimburses 95 Lake Alice Hospital survivors, who had part of their compensation payments deducted by legal fees in 2001. [357] 31 October — New Zealand signs a free trade agreement with the six-member Gulf Cooperation Council (GCC). As part of the agreement, 99% of New Zealand exports to the GCC would become duty ...
[1] [12] National Superannuation was renamed New Zealand Superannuation in 1993. The age of eligibility became 61 in 1992, then gradually increased to 65 between 1993 and 2001. [12] [14] Those receiving New Zealand Superannuation can receive some subsidised goods and services through use of the SuperGold Card. [15]
Te Ara Ahunga Ora Retirement Commission (formerly Commission for Financial Capability), is a Crown entity under the New Zealand Crown Entities Act 2004. [1] The Commission provides financial education and information to residents of New Zealand, advises government on retirement income policy, and monitors the effectiveness of the Retirement Villages Act 2003.
In November 2024, New Zealand's ranking on the 20th Climate Change Performance Index dropped by seven places to 41. The report's authors wrote that New Zealand had "taken significant backwards steps in climate policy" due to the Government scrapping policies boosting public transportation and delaying pricing greenhouse emissions from farming.
On 12 May 2024, RNZ reported that the Ministry had received almost 5,000 complaints related to staff's poor handling of clients looking for help and financial assistance. In response, the Ministry claimed that complaints represented less than 0.1% of its interactions with clients over the past two years. [ 11 ]