Andrew Little raises a good point about increasing the age of eligibility for NZ Super: some workers are simply unable to continue working past the age of 65. This is a smaller and smaller fraction of workers as health improves and as we shift from physical and manual labour to desk jobs, but it’s a potentially real problem.
It’s also a totally solvable problem for anybody who spends more than 30 seconds thinking past the roadblock to find a solution rather than just throwing up their hands and saying it’s all too hard.
Here’s the solution.
- Announce that the age of eligibility for NZ Super increases to 66 in 2020, and increases by six months every (say) three years afterwards until whatever the new desired eligibility age is reached – say 70. Other people can argue about the right ages; the mechanism here doesn’t depend on what the right…
View original post 208 more words
Recent Comments