The Institute of Policy Studies
Retirement Income Provision in New Zealand: A Way Forward.
By Richard Hawke
To be launched by Diana Crossan, Retirement Commissioner - Wednesday 16th March
Funding retirement has become a major policy problem debated in governments and households worldwide. While many still
think of retiring at age 65, most can now expert to live – and need income – for another quarter of their lives. Richard
Hawke outlines the issues surrounding retirement income and considers both practical and policy concerns.
His examination includes an overview of worldwide trends in policy reform and highlights the benefits and shortfalls of
various retirement arrangements. He also compares compulsory retirement savings models that allow individuals to take
responsibility for their own retirement. In a specifically New Zealand context he offers coherent suggestions for the
future. This text is a valuable resource for anyone interested in the problem of sustaining income as people age.
This book is the product of Dr Hawke’s Henry Lang Fellowship at the Institute of Policy Studies in 2003/4. Henry Lang
had a distinguished public service career, culminating as Secretary to the Treasury. He was the first chair of the
Institute of Policy Studies Board on its establishment in 1983 and his generous bequest has funded an annual Fellowship
to study and publish on important aspects of public policy in New Zealand.
ENDS