Policy issues for the savings industry

November 1998


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Table of Contents

Policy issues for the savings industry

Why pay attention to policy?

What is current policy?

The current stalemate

Income distribution among current 65+

PRG options for the long term

Why is integration tricky?

A welfare approach

Down the Australian path we go

Top-up approaches

Example : Low, price-indexed universal or age benefit

The tax credit approach

Wage indexed tax credit, abated for high incomes through the tax system

To replicate the old surcharge

Mechanics

Example

Integrity of the tax credit

Where have the private pensions gone?

Reform issues

Author: Susan St John

Email: s.stjohn@xtra.co.nz

Home Page: http://www.geocities.com/Wellesley/Garden/9441/SusanStJohn/

Institute for International Research Conference Paper

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