New Zealand - Pension System Overview
- New Zealand: Pension system in 2018 (Pensions at a Glance 2019. OECD and G20 indicators)
- New Zealand Quasi Mandatory funded pension profile 2019 (ISSA/OECD/IOPS complementary and private pensions database)
Other resources:
- Quarterly statistics on KiwiSaver: https://www.rbnz.govt.nz/statistics/t4
- Quarterly statistics on Other registered superannuation: https://www.rbnz.govt.nz/statistics/t44
- Government initiated investment fund to help fund the NZ pension in the future: https://www.nzsuperfund.nz/
- Short history of pension in New Zealand: https://nzhistory.govt.nz/old-age-pensions-act-passes-into-law
- Summary of KiwiSaver: https://sorted.org.nz/guides/kiwisaver/kiwisaver-how-it-works/
- History of KiwiSaver, enactment and parliamentary discussion: https://www.parliament.nz/en/pb/bills-and-laws/bills-proposed-laws/document/00DBHOH_BILL7197_1/kiwisaver-bill
- Report on KiwiSaver supply-side evaluation (pdf): https://www.mbie.govt.nz/dmsdocument/2276-repot-on-kiwisaver-supply-side-evaluation-pdf
- Commission for financial capability review of KiwiSaver (pdf): https://cffc-assets-prod.s3.ap-southeast-2.amazonaws.com/public/Uploads/2016-Review-Of-Retirement-Income-Policies/KiwiSaver-What-NZ-told-Us/1749d5e28f/127128-Our-Recommendations-KiwiSaver.pdf
Other documents on the website of the Commission for Financial Capability (CFFC):
- KiwiSaver April Final results digital surveys (pdf)
- KiwiSaver 8 question survey comments (pdf)
- KiwiSaver participation and future perceptions of retirement survey combined view, May 2016 (pdf)
- Review of retirement income policies 2019
Video:
KiwiSaver: review of retirement income policies 2016:
Key regulatory and Supervisory Authority
- The Ministry of Social Development: is mainly responsible for the public pension plans:
www.msd.govt.nz/
- The Ministry of Business, Innovation, and Employment, The Treasury and Inland Revenue: jointly responsible for KiwiSaver policy and the regulatory framework: www.mbie.govt.nz/
https://treasury.govt.nz/
- Inland Revenue: also central administrator for KiwiSaver – responsible for receiving contributions and forwarding them on to KiwiSaver schemes:
www.ird.govt.nz/kiwisaver/
- The Financial Markets Authority: responsible for licensing fund managers and conduct oversight of the KiwiSaver schemes and restricted superannuation schemes:
www.fma.govt.nz/
- Guardians of New Zealand Superannuation: administrates the New Zealand Superannuation Fund:
www.nzsuperfund.nz/
Related Documents