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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]
Government Superannuation Fund Authority Guardians of New Zealand Superannuation Hawke's Bay Airport Limited Housing New Zealand Corporation: Institute of Environmental Science and Research Limited 1992 DSIR: Institute of Geological & Nuclear Sciences Limited: 1992 DSIR: Landcare Research New Zealand Limited Mercury Energy: 1999
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.
Arts Council of New Zealand Toi Aotearoa (Creative New Zealand) Broadcasting Commission (New Zealand on Air) (Irirangi Te Motu) Government Superannuation Fund Authority; Guardians of New Zealand Superannuation (Te Kaiatiaki Tahua Penihana Kaumātua o Aotearoa) Heritage New Zealand (Pouhere Taonga) Museum of New Zealand Te Papa Tongarewa
Government Superannuation Fund Act 1956 (Part 1 and Schedule 4) Finance Guardians of New Zealand Superannuation: Treasury ACE New Zealand Superannuation and Retirement Income Act 2001 (Part 2 and Schedule 3) Finance [4] New Zealand Productivity Commission: Treasury ICE New Zealand Productivity Commission Act, 2010 Foreign Affairs
The KiwiSaver scheme logo. KiwiSaver is a New Zealand savings scheme which has been operating since 2 July 2007. Participants can normally access their KiwiSaver funds only after the age of 65, but can withdraw them earlier in certain limited circumstances, for example if undergoing significant financial hardship or to use a deposit for a first home.
Pages in category "Government finances in New Zealand" ... New Zealand Superannuation Fund; O. Organised and Financial Crime Agency of New Zealand
A move to a partially pre-funded or "smoothed pay-as-you-go" system came with the establishing of the New Zealand Superannuation Fund under the aegis of Labour Minister of Finance Michael Cullen in 2001. In July 2007 the Fifth Labour Government introduced KiwiSaver as a voluntary retirement-savings scheme on top of New Zealand Superannuation ...