Super age change may be inevitable

Tue, 12 Jun 2012 6:12p.m.

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Prime Minister John Key has given his strongest hint yet that the age of eligibility for national superannuation will rise after the year 2020.

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15/06/2012 7:29:17 p.m.

cyril wrote:

@Kevin What I reckon is that I have paid my taxes for the last 40 odd years in good faith that the goverment will give me a pension at 65 like all baby boomers and I dont see why that should chamge because successive goverments have squandered my money. It is only in the last few years that they have started saying its not our problem. As far as Im concerned I have an unwritten contract with the goverment that if I work hard pay my taxes and be a good citizen they will supply me with a pension when I am old, worn out and unable to work any more. I have never been on a benifit of any kind, recieved compensation from ACC or any of that so as far as Im concerned its my right.

15/06/2012 10:41:51 a.m.

Kevin wrote:

So Cyril you would prefer that the poorly paid people got less pay due to paying a 1/3 more PAYE and the food power etc will be more because of the 1/3rd more GST as these are the increase required to keep super at 65

13/06/2012 7:55:49 p.m.

cyril wrote:

@Kevin You may not have noticed but generally the people in this country who work the puysically hardest and are most in need of early retirement are amonst the poorest paid so are least likely able to save the required extra amount, and before you get all patrinising and say get an easyer job remember someone has got to do it.