Labour to axe super taskforce
Labour has confirmed it is going to abolish the Super 2000 Taskforce and implement its own policy.
Thursday, December 2nd 1999, 12:00AM
Superannuation policies were ignored during the election campaign, but that's likely to change.
Labour has confirmed it is going to abolish the Super 2000 Taskforce and implement its own policy.
Prime minister-elect Helen Clark says there is no need for the taskforce as Labour had a policy.
"You have a taskforce when you don't have a policy," she says.
Likewise, Michael Cullen, New Zealand's next finance minister, has said the taskforce will go. He says Super 2000 was established to look at ways of cutting super, however Labour intends to increase the level of NZ Super payments and implement a partially funded scheme.
Grey Power has welcomed abolition of the taskforce. President Don Robertson Grey Power is now urging all political parties to get together and finally produce a sustainable superannuation free from political interference.
"Settling the vexed question of New Zealand Superannuation must be the first priority of the new parliament," he says.
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| « GREY POWER WELCOMES THE CANNING OF TASK FORCE 2000 | AMP & Good Returns launch superannuation website » |
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