There should be compulsory savings schemes so that people can pay for their own retirement?

On average, everyone agrees with nonconsensus between 240 voters.

Reasons To Disagree

Superannuation should be available to everybody on precisely the same generous terms as the politicians give themselves - what's good for the geese would be great for the Kiwi.

People need to save for themselves. Why rely on a bureaucrat to determine your minimum standard of wealth when you are no longer capable of earning it!?

I agree but there needs to be a system put in place for young people NOW so they can start saving for their retirement. With the low wage economy there will be many people who simply can't spare any of their pay to save. How about a super plan where the government matches dollar for dollar savings.

Save what some people can't afford to save plus there entitled to this they have worked hard & paid there taxes there while lives

Reasons To Agree

$10 billion debt in credit card and hire purchase @ average 18.5% = We cant save. This is needed without hurting the business sector. Having more baby's will not cure this, only create more debt to service need. We are aging because of medical science and filling the off shore bank accounts of the E.U pharmaceutical companies.

however, these should be backed by the govt to ensure that private companies are not profiteering as they do at the moment

Absolutely. If "New Zealand-the-way-you-want-it Muldoon" hadn't killed Norm Kirk's scheme we'd have hundreds of billions in the kitty by now. The Aussies have $2 trillion! One of the few things Winston First was right about and we blew it.

And these retirement schemes shoukd have some income tax advantage.