Beyond the Budget: Fixing NZ’s Retirement Math Problem

Beyond the Budget: Fixing NZ’s retirement math problem

The truth about New Zealand's retirement system is stark: it's mathematically unsustainable in its current form.

Every 35 hours a woman is murdered in Argentina, a situation that society fears can escalate, since President Javier Milei's government's fiscal adjustment plan does not escape even public policies aimed at protecting against gender-based violence.

The German Social Association (SoVD) has spoken out against the demand that future pension increases be linked only to inflation and no longer to general wage developments. Many retirees already don't know how they will make ends meet financially, SoVD Chairwoman Michaela Engelmeier told the newspapers of the Funke Media Group (Tuesday editions). "The demand to link pensions only to inflation in the future, rather than to wage developments, is t…

It is difficult to pay the pension and at the same time keep it efficient, and the proposal for an economic system is now causing turmoil.