Winston Peters: “National has thrown older New Zealanders under the bus”

New Zealand First Leader Winston Peters says National has "thrown older New Zealanders under the bus" by promising to raise the retirement age to 67. The Leader said that during coalition talks in 2017, NZ First ensured the age would not be increased during this term of Government.

"The National Party cannot be trusted on superannuation, and their record is littered with broken promises," Peters said.

The National Leader Simon Bridges had revealed their party would stick with its pre-election policy of increasing the superannuation age gradually from 65 to 67 years old. Under that policy, the increase in superannuation age would increase by six months from 2037.

Although Peters said National has committed the change would be over 20 years, he questioned if National could be believed when it says it won't happen sooner.

"They increased Labour's superannuation surtax in 1990, after promising to abolish it, no ifs, no buts, no maybes,” the Leader said.

"And National were responsible for lowering the New Zealand Superannuation rate from 65 per cent to 60 per cent of the average ordinary time weekly wage."

New Zealand First remains the sole voice in Parliament that has consistently advocated for keeping the superannuation age at 65.

 

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