Grey Power: This is about your grandchildren

Press release: ACT New Zealand
March 3, 2015. 2:15pm

ACT Leader David Seymour is disappointed to read of Grey Power’s opposition to addressing the sustainability of NZ Super.

“In a press release, Grey Power president Terry King claimed that my call for a referendum process akin to the flag committee was ‘a cheap publicity stunt at the expense of retired people’,” said Mr Seymour.

“Supporting a referendum on age isn’t about changing the system for current retirees. It’s about signposting a clear plan to ensure the system is sustainable as the population ages and people retire in the decades to come.

“While adjustment of the system is probably inevitable, it is important to have this discussion now so that we can avoid a sharp shock in future, and give younger generations the time to make plans around changes in legislation.

“This issue has long been a political football. It is too hot an issue for politicians to handle. My idea is to take it away from politicians of any particular party – including ACT.

“A referendum could help break the logjam of pension politics and allow the country to finally deal with a serious problem.

“I have a simple message for Grey Power: this is not about current retirees. This is about your grandchildren, and the New Zealand we leave behind for them.”

ENDS

© Scoop Media