'The timeframe is very quick': call for slowdown on super ch

'The timeframe is very quick': call for slowdown on super changes


'The timeframe is very quick': call for slowdown on super changes
© Retirement Commissioner Jane Wrightson is worried that changes to a bill which governs NZ Superannua...
Retirement Commissioner Jane Wrightson is worried that changes to a bill which governs NZ Superannuation requirements could be implemented too fast.
She tells
The bill concerns eligibility for superannuation and has been before a select committee. The orginal target was migrants, but it affects a wider group than that, Wrightson says. People living or working overseas need to be back in the country five years before super payments start at the age of 65.
"This bill is proposing to raise that [to 10 years] and my main concern is that the timeframe is very quick, and the thing about pension policy is that any changes should be implemented very slowly indeed because people can't plan properly."

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