Labour party’s Congress is underway in Wellington. The country’s worst ever minister for ‘Social Development’ (a ministry which does not involve developing society at all) has unveiled their first policy to campaign on:
Deputy Prime Minister Carmel Sepuloni said a re-elected Labour government, led by Hipkins, would not raise the pension age from 65.
“New Zealand has one of the simplest superannuation schemes in the world. It is universal and generous,” Sepuloni said.
Labour would also continue making contributions to the NZ Super Fund and dishing out the winter energy payment.
That’s right. Despite soaring debt, an aging population and one of the most generous superannuation schemes in the world, Labour are committed to keeping it exactly as is.
Treasury had warned the cost of the ageing population was on an “unsustainable” track but Sepuloni stressed not changing the age was affordable “as long as we keep paying into…
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Utopia, you are standing in it! 
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