Abstract:New Zealand: Pension system in 2008 The public pension is flat rate based on a residency test. The KiwiSaver, an autoenrolment defined‐contribution private retirement savings scheme with capped public subsidies was introduced in 2007. Employed KiwiSaver members were estimated to be over 30% of the workforce by the end of 2008.
Document Type: Review Article
Publication date: March 1, 2011