Is it a deft or a daft move, to begin raising the pension age in 20 years time? They'll live around four years longer than someone who turns 65 next year so chances are they'll end up being paid the pension for longer. It's also daft because 20 years in politics is a generation, and between now and when the age eligibility starts rising, anything could happen. At least he'll be able to say he tried to increase the eligibility age that most other, similar countries are also doing. Forget about paying for the pension, with an aging population, the cost of health care will also increase significantly.

Source: New Zealand Herald March 06, 2017 06:33 UTC