ttbn, you ask a lot of questions, how could I have fathered my step son-in-law, the crane driver, I hope you are not married to your sister, then you are perverted! BTW I'm 67 in a couple of weeks, compared to you that's most likely still very young. I'm now retired but pay income tax, did last year, and will again this year, and have done so for near 50 years, unlike you I'm not welded to the government teat, sucking up the taxpayers largesse in the form of an aged pension. Although I would think you would be more likely a diso pensioner with the amount of problems you have.

Mr O, my oldest son is of your opinion when it comes to the Chinese.

Yuyutsu, New Zealand does not have an aged pension, they call it superannuation, and its paid to those over 65 with no means test. Its not automatic, you have to apply for it.

Indy, yes, it is crazy.

just give everyone the pension, and tax according to income that year.

if you live just on pension, as many do, income tax will be very low.

if you earn $100,000, including pension, you will pay according to tax scale.

no more need to juggle assets and so on.

If you're single, it doesn't matter how much income you have - it won't affect your NZ Super or Veteran's Pension payments, unless you get an overseas pension.

https://www.workandincome.govt.nz/eligibility/seniors/superannuation/payment-rates.html#null

The non-contributory flat-rate pension is paid to all residents fulfilling the residence requirements at the age of 65. The beneficiary must have lived in New Zealand for at least 10 years since turning 20 with at least five years spent in the country after the age of 50. The pension is financed from general tax revenues. *The residency requirements are set for discussion 2017/18.

All benefits received under NZS are subject to income tax. The pension is paid regardless of whether the person is still employed or not. It is neither work nor income-tested. New Zealand has not legislated for a compulsory retirement age and employers are not allowed to specify a mandatory retirement age in employment contracts.

Early retirement is limited. The NZS does not provide benefits to those who retire before the age of 65. Those who leave the labour market before being eligible for NZS benefits can apply for conditional, means-tested public income support.

me think that all Australians, by retirement age, deserve a pension if they want it.

Then, like the kiwi system, you can keep working, or do whatever.

You can also keep every asset you have.

it is a simple and fair system.

it also is efficient and encourages people, those who can, to keep working

Paul,

Keep on being a loudmouthed yobbo who resorts to abuse to avoid the truth. Nobody would recognise you otherwise.