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Poll finds voters prefer cutting super for wealthy retirees over raising pension age

Support “collapsed” when compulsory KiwiSaver was combined with raising the pension age to 67.

Summarised by Centrist 

New Zealand voters appear more receptive to targeting superannuation payments than requiring everyone to wait longer to receive the pension.

An RNZ-Reid Research poll asked whether NZ Super should be means-tested so “higher income or wealthy retirees received less or no government pension”. Some 46.6% supported the proposal, compared with 40.7% opposed and 12.7% unsure.

By contrast, a “clear majority” of 58% wanted the eligibility age to remain at 65. Only 35.3% supported raising it to 67, while 6.8% were undecided.

The result comes after Finance Minister Nicola Willis highlighted Treasury forecasts showing the annual cost of superannuation rising above $30 billion by 2030. She said political parties ignoring the problem were doing so for their own benefit.

Labour leader Chris Hipkins briefly said his party was “open” to a bipartisan discussion about means-testing. He later walked that back, and Labour has now ruled out changing pension settings if elected.

The poll also found “overwhelming support” for compulsory KiwiSaver. Some 70.4% backed National’s proposal to make the scheme mandatory for workers from July 2028, while 20.2% opposed it.

However, that support “collapsed” when compulsory KiwiSaver was combined with increasing the pension age to 67. The combined package was rejected by 52% of voters and supported by only 37.6%.

Read more over at RNZ 

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