ACT raising pension age

[Praktica]

Superannuation is a massive pyramid scheme as most people pay less in tax over their working life than they receive in Superannuation payments in their retirement. So the only way that it is "sustainable" is to continue to exponentially increase the  working population via mass immigration.
Increasing the age of eligibility is hardly new; its been done many times before. When it was increased to 65, NZ life expectancy was 4 years less than what it is now, so changing eligibility to 67 still gives the average person 2 more years in super than was intended back when it was set at 65.

What a pity that Muldoon scrapped Labour's contributory scheme - the same sort of stupidity being pushed now by ACT.