NZ Super w Geoff Simmons: March 2nd, 2020

Due to the release of new figures released last week, the opportunities party, run by Geoff Simmons, put out a statement saying change is long overdue. The figures, which were released to Checkpoint, found over 30,000 of those receiving NZ super were earning over $100,000 a year, costing taxpayers over half a billion dollars. Retirement Policy and Research Centre director Susan St John, sez these numbers are still an underestimate, as it does not take into account capital gains or portfolio investment entities. James talked to Geoff Simmons about how reform could come around, and what it could mean not only for those receiving NZ super, but also our youngest members of society and how it will support them. James started off by asking how the current system works for those who receive superannuation.