English is not making the same stupid pledge as Key, to let superannuation consume the future. Good. (Time to start repayments to the Cullen fund while you’re at it Bill.)
Labour campaigned on restructuring super (raising the age of eligibility) in 2011 and 2014. But Andrew Little abandoned that policy, leaving clear decks for 2017. So Labour could go populist and oppose any move from National to do so. But I hope that they do not.
With suitable protections for vulnerable people, such as physical labourers, the age of eligibility for universal superannuation needs to rise.
English’s position creates an opportunity. Time for a cross party accord. Take super off the table as a political football and solve the damn problem. For the good of NZ.
For a counter view see I/S at No Right Turn: Opportunity knocks.
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