Part one of term paper
? At the time of the 1996 Census, 12% of New Zealanders were aged 65 or over. This proportion is forecasted to increase dramatically when the “Baby Boom” generation reaches retirement age, with the prospect of superannuitant numbers and the cost of income maintenance doubling in the next 30 years. In the foreseeable future, women and pa ...

Part two of term paper
... this retirement period a substantial amount of money has too be put aside, the problem is though, where is this money going to come from. Retirement income has become one of the major public policy issues of our times. This reflects older citizens’ legitimate concerns about having enough income in their retirement, and policy makers’ and taxpayers, concerns about how public contributions to retirement are to be funded with an aging population. Providing for retirement in New Zealand can be ...