Pension payments and receipts by New Zealand birth cohorts, 1916--1986

Andrew Coleman

New Zealand Economic Papers, 2016, vol. 50, issue 1, 51-70

Abstract: This paper analyses how demographic change has affected the costs and benefits that New Zealand's pay-as-you-go retirement income scheme has provided or will provide to cohorts born between 1916 and 1986. The analysis is based on historic data and Statistics New Zealand projections of future population trends. The results show that previous rapid population growth means cohorts born prior to 1980 can expect to pay half as much as they can expect to get in retirement benefits, but the costs of the scheme are getting larger and larger for subsequent cohorts.

Date: 2016
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DOI: 10.1080/00779954.2015.1095787

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