ABOLISH MEANS TESTING ON OUR NZ SUPER S.70 NOW
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Our N Z Superannuation is NOT ASSET OR INCOME TESTED......but for some people IT IS why? NZ Superannuation is a Tier 1 old age pension paid from tax revenue (social welfare benefit) and should not be ASSET AND INCOME TESTED ACCORDING TO THE LAW....... TIER 2 OCCUPATIONAL EARNINGS RELATED EMPLOYEE/EMPLOYER CONTRIBUTORY RETIREMENT SAVINGS ACCOUNTS ARE NOT RELEVANT IN NEW ZEALAND - THEY WERE ABOLISHED IN 1976 FROM THE LEGISLATION. We are calling on the present Government to now RECTIFY THE S.70 DIRECT DEDUCTION POLICY AND ABOLISH THIS ENTITY FROM OUR CURRENT LEGISLATION SOCIAL SECURITY ACT 1964 WHICH IS CURRENT BEING RE WRITTEN. If you are affected by the DIRECT DEDUCTION OF YOUR EARNINGS RELATED SAVINGS RETIREMENT FUNDS (KIWISAVER for instance) from your NZ SUPER OLD AGE PENSIONS SIGN THIS PETITION and visit www.nzpensionprotest.com for more info.
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