Pension Payments and Receipts by New Zealand Birth Cohorts, 1916–1986

Andrew Coleman ()
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Andrew Coleman: Motu Economic and Public Policy Research and the New Zealand Treasury

No 12_11, Working Papers from Motu Economic and Public Policy Research

Abstract: This paper analyses how much different cohorts can expect to contribute into the PAYGO-funded New Zealand Superannuation scheme, and contrasts it with the amount each cohort can be expected to obtain in benefits if the current scheme is continued. The analysis is based on historic census and contributions data and SNZ projections of future population trends. The results show that cohorts born prior to 1980 can expect to pay half as much as they can expect to get in retirement benefits, because of the small number of pension recipients when they made the bulk of their payments.

Keywords: retirement incomes; intergenerational transfers; government pension schemes (search for similar items in EconPapers)
JEL-codes: E24 H55 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2012-09
New Economics Papers: this item is included in nep-age, nep-dem, nep-his and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:mtu:wpaper:12_11

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