Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/205652
Authors: 
Law, David
Year of Publication: 
2013
Series/Report no.: 
New Zealand Treasury Working Paper No. 13/28
Publisher: 
New Zealand Government, The Treasury, Wellington
Abstract: 
This paper examines the implications for national savings of three retirement income policy options, designed to improve the fiscal sustainability of New Zealand Superannuation (NZS). A simple model is developed that employs population and longevity projections allowing estimation of the contributions that many overlapping age cohorts might make to national savings in response to policy change. Government contributions to national savings, resulting primarily from reduced NZS payments, are also considered. Results suggest that even seemingly modest changes to retirement income policies could lead to substantial cumulative changes in national savings by 2061.
Subjects: 
National Savings
Household Saving
Fiscal Saving
Retirement Income
New Zealand Superannuation
New Zealand
JEL: 
E21
D10
D91
ISBN: 
978-0-478-40389-3
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper

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