Responds to Brian Easton’s Pundit article on Age of Superannuation

Why do we have two plans now, NatSuper and KiwiSaver?  National Super comes out of the general budget, relying on a successful national tax take, and thus establishes itself as an entitlement for all New Zealanders.  KiwiSaver is a threat to that concept in that it is funded by variable earnings from investments.  The fundamental reality of that is to establish a culture of winners and losers.

Since the winners/losers mentality is so fashionable today, in contrast to the need to think cooperatively in a full planet, we can expect it to be pushed with ideological zeal forcing Nat Super to the edge.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s