Retirement Policy: Who Really Pays for Our Old Age?

Social and political commentator Tash McGill joins host Andrew Urquhart to unpack this election's retirement policy battleground, covering both KiwiSaver settings and the pension age. She notes National, Labour and NZ First all back lifting employer (and in National's case, employee) KiwiSaver contributions to 6% by 2032, driven by the fiscal strain of an ageing population on general tax revenue.

McGill contrasts National and ACT's push to raise the pension age to 67 against Labour, NZ First and the Greens holding firm at 65, warning that change is inevitable regardless of which party wins. She also questions the practicality of means-testing superannuation, arguing it penalises those who've saved or paid tax consistently, varies wildly by region and family circumstance, and risks discouraging productivity rather than rewarding it.

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