Grey Power New Zealand has reaffirmed its strong support for universal, non-means-tested New Zealand Superannuation (NZS) after comments from Chris Hipkins suggested openness to discussing means-testing.
Grey Power Vice-President David Marshall said the organisation believes universal superannuation provides certainty, fairness, dignity, and independence for older New Zealanders. The group argues that means-testing could create complexity, discourage saving, and make the system less fair and predictable.
Grey Power pointed to Australia as an example, saying its means-tested pension system involves complicated application and reporting processes that can discourage older people from continuing to work.
The organisation also highlighted that New Zealand has one of the highest workforce participation rates among people aged 65+ in the OECD, and warned that reducing incentives to work could harm the economy.
Grey Power said NZS remains an efficient and effective system that supports independence and reduces pressure on social services. It also noted that older New Zealanders contribute billions annually through paid work, self-employment, and unpaid work, helping offset the cost of superannuation.
As it approaches its 40-year anniversary, Grey Power says it will continue advocating for seniors’ rights and protecting the integrity of universal superannuation.
National Vice- President David Marshall did an interview with Leah Panapa from The Platform if you would like to watch it "click here"
