Loomio
Sat 12 Aug 2017 9:35AM

Retirement and Superannuation Policy

DG Daymond Goulder-Horobin Public Seen by 113

Retirement and for the most part superannuation policy is a key issue in this coming election. I am interested in hearing your thoughts on key issues in the debate as well as researched and informed discussion on both sides, including:

  1. Should we commit to keeping the Retirement age at 65. A number of arguments exist and its largely to do with the capacity to work at or above 65, for instance we are living longer but that may not necessarily mean that we can work for longer. On the other hand it is argued that if it is raised to 67 then kiwis will still likely get the same amount as people did the day it was put to 65.

  2. Should the pension be income-tested?

And More Soon

SD

Suzie Dawson Mon 14 Aug 2017 12:08PM

I know very little about the 65 vs 67 debate and also about UBI other than what it is in principle

Would appreciate any links on either!

CE

Colin England Tue 15 Aug 2017 12:02AM

This is Keith Rankin on it: [UBI as a Reconceptualisation of Income Tax](http://www.scoop.co.nz/stories/PO1603/S00396/ubi-as-a-reconceptualisation-of-income-tax.htm]

This is someone else: HiveMind: Universal Basic Income - Are we up for it?

And this a main NZ site for it: Basic Income New Zealand

I've only just got those in my inbox and haven't read them yet.

This is an article that I wrote on it several years ago: Universal Income & the Minimum Wage

And the article I wrote on the monetary reform I see as being needed for a UBI to be enacted: Real Monetary Reform

SD

Suzie Dawson Tue 15 Aug 2017 3:26AM

thank you

IA

idiom axiom Mon 14 Aug 2017 9:12PM

UBI = end, Winz, public education, pensions, public healthcare and instead give everyone a small amount of money via the IRD. People get more money and better service due to removal of giant useless bureaucracies and replacement with markets.

CE

Colin England Tue 15 Aug 2017 12:10AM

Nope.

Public healthcare would still exist because it's the most efficient form available.

If you want to get rid of giant, useless bureaucracies then you need to be looking at the private sector. Their bureaucracies are far larger and less efficient:

It compared their performance with companies that remained public and with their own past performance as public companies. The result? The privatized companies performed worse than those that remained public and continued to do so for up to 10 years after privatization.

It's only ideology, a belief, that private does better and it's wrong.

IA

idiom axiom Tue 15 Aug 2017 4:21AM

Public healthcare is a method of funding. UBI is a replacement method of funding.

CE

Colin England Tue 15 Aug 2017 12:16PM

Public healthcare is a method of funding. UBI is a replacement method of funding.

No it's not. A UBI is there to meet basic needs. The healthcare system is there to meet healthcare needs.

IA

idiom axiom Tue 15 Aug 2017 4:24AM

Healthcare is one of the things that will take the longest to become post-scarcity, because you can spend a near infinite amount of resources trying to extend ones life.

Shall we gear our entire economy towards keeping old people alive a month longer, a week longer, a day longer, until we spend 20% of GDP like the monopolistic US?

IA

idiom axiom Wed 16 Aug 2017 8:04AM

Why can't a ubi meet healthcare needs? A lot of healthcare counts as basic needs.

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