Originally Posted by
SBQ
I FULLY support it! Too many have chosen NZ as a migration path to easy retirement. Countless of examples of Chinese migrants that bring in their extended families to NZ. They pay little or no taxes over the 10 years (and some claim benefits) and at retirement, it's easy living. Since the superannuation is funded by tax payers, we really should give the benefit to those that truly do the hard yards. By extending it to 20 years, it gives a wider chance for the migrants to contribute more.