Has Phil Goff been channelling Roger Douglas and Don Brash?
What other explanation can there be for Labour’s plan to raise the age of superannuation and introduce asset and means testing?
They call it a transition payment and say it’s only for workers from 65-67, but who would trust them to stop at that?
In a few decades when they find people have their own sizable nest eggs from KiwiSaver to provide for their own retirements, would you trust them not to say they have to wait longer before receiving national superannuation or don’t need it at all?
There is a case for both raising the age of eligibility and means and asset testing national superannuation.
But that needs to be discussed openly, as Act does, not disguised as a “transition payment” as it is in Labour’s not so super superannuation policy.