KiwiSaver: New Zealand's new subsidized retirement savings plans.

نویسنده

  • Barbara E Kritzer
چکیده

Since July 1, 2007, New Zealanders have had a new option for their retirement savings―KiwiSaver―a type of subsidized, defined contribution retirement savings plan offered by private-sector providers. New labor force entrants in permanent positions who are aged 18 or older are automatically enrolled in a KiwiSaver plan, but are able to opt out of the plan if they wish. Also, all individuals younger than age 65, including anyone not in the labor force, are permitted to set up a KiwiSaver account.

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عنوان ژورنال:
  • Social security bulletin

دوره 67 4  شماره 

صفحات  -

تاریخ انتشار 2007