Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (6100)	7/20/2001 1:33:40 AM
From: Maurice Winn	Read Replies (2) of 74559

:-] Yes, but I'm signing off now for friends, food and fun... you're on your own! Retirement age going up here too! It used to be 60. nzherald.co.nz <Act leader Richard Prebble has suggested lifting the superannuation age to 68 and linking super to the inflation rate in order to control its long-term costs. Act is the only party in Parliament refusing to back Finance Minister Michael Cullen's law locking in an entitlement for a couple to receive no less than 65 per cent of the average wage paid at age 65. Act favours a guarantee of the current rate for those already retired, tax cuts to help the young save, and a transitional arrangement for those closer to retiring. > Real men work till they drop! Mq

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