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The Superannuation Fund was created by the New Zealand Superannuation and Retirement Act 2001 [5] on 11 October 2001 by Michael Cullen, who was then Minister of Finance under the Fifth Labour Government, and is colloquially known as the "Cullen Fund". [6] The sovereign fund posted a record 25.8% return in the twelve months till 30 June 2013. [7]
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.
Superannuation in New Zealand This page was last edited on 12 May 2022, at 23:30 (UTC). Text is ... This page was last edited on 12 May 2022, at 23:30 (UTC).
The Ministry of Social Development (MSD; Māori: Te Manatū Whakahiato Ora) is the public service department of New Zealand charged with advising the New Zealand Government on social policy, and providing social services. MSD is the largest public service department, employing public servants in over 200 locations around New Zealand.
The social pension in New Zealand is called the New Zealand Superannuation. [21] The requirements for getting the pension are that you have to be at least 65 years old, be a citizen of New Zealand, a permanent resident of New Zealand, or hold a residence-class visa. [ 21 ]
[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]
England 22-24 New Zealand: Mark Tele’a gave the All Blacks a late lead before George Ford hit the post with a penalty and put a last-gasp drop goal attempt wide in a dramatic Autumn Nations ...
The New Zealand Superannuation Fund spent $142 million in 2012 buying out New Zealand Post's 35 per cent shareholding. [5] John Holdsworth stepped down as chairman of the board in 2012 and was replaced by New Zealand businessman Craig Boyce. [6] Datacom was founded as Computer Bureau Ltd in Christchurch, New Zealand, in 1965. It expanded ...