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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 ...
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 ...
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.
In July 2007 the Fifth Labour Government introduced KiwiSaver as a voluntary retirement-savings scheme on top of New Zealand Superannuation. Employees choose to contribute 3%, 4% or 8% of their gross earnings, with employers contributing 3%, and the government contributing a $1000 "kick-start" when an employee joins KiwiSaver as well as 50c per ...
As of 1 April 2014, the Domestic Purposes Benefit – Care of Sick or Infirm, has been replaced by the Supported Living Payment. [16] The Supported Living Payment goes from a minimum weekly net payment of NZ$211.46 for single 16- and 17-year-olds to a maximum payment of NZ$435.50 for a married couple, de facto couple or a civil union couple.
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.
The Local Government Superannuation Act 1953 (1 & 2 Eliz. 2. c. 25) The Local Government Superannuation Act 1939 (2 & 3 Geo. 6. c 18) The Local Government Superannuation (Scotland) Act 1937 (1 Edw. 8 & 1 Geo. 6. c. 69) The Local Government Superannuation Act 1937 (1 Edw. 8 & 1 Geo. 6. c. 68) The Teachers Superannuation (Scotland) Act 1968 (c. 12)
Third National Government Ministries of New Zealand 1975–1984 Queen Elizabeth II and the 1981 New Zealand Cabinet Date formed 12 December 1975 Date dissolved 26 July 1984 People and organisations Monarch Elizabeth II Prime Minister Robert Muldoon (1975–1984) Deputy Prime Minister Brian Talboys (1975–1981) Duncan MacIntyre (1981–1984) Jim McLay (1984) Member party National Party ...