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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.
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 ...
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 ]
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.
On 1 August, the Government launched its "cost of living payment" support programme as part of the 2022 New Zealand Budget. The first NZ$116 payment was released on 1 August with the second and third payments on 1 September and 1 October 2022 respectively. [219]
This page was last edited on 6 February 2025, at 12:17 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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).
On 22 August 2022, the New Zealand Government purchased Kiwibank's holdings company Kiwi Group Holdings for an estimated NZ$2.1 billion. As a result, the Government acquired full control of the state-owned bank from the New Zealand Superannuation Fund, ACC, and New Zealand Post. [145]