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The United Future Party on Welfare and Superannuation

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The issues

The United Future Party is neutral on increasing superannuation from 66% of the average after-tax wage

United Future does not support or oppose this proposal, saying United Future would change the formulation of NZ Super, by calculating it based upon the anticipated forecasted changes to the consumer price index and increases in the average wage for the following 12 months. The current formulation creates a lag that cheats our over 65s of their full entitlement. Any unforeseen changes to inflation or wages will be adjusted at each April, in favour of superannuitants.

The United Future Party supports keeping KiwiSaver in its current form

United Future support KiwiSaver but would like it to become mandatory. They say, United Future supported and promoted Kiwisaver, specifically negotiating mortgage diversion whereby up to 50% of individuals' contributions to KiwiSaver may be diverted into their mortgage.

The United Future Party opposes the government requiring the New Zealand Superannuation Fund to invest more heavily in New Zealand

United Future opposes the government instructing the guardians of the Super Fund on how or where to invest the funds. A spokesman said, "We are not opposed to the Fund being given a 40% target for investing in New Zealand, but are opposed to it being told what specific investments it has to make to reach that target."

The United Future Party supports requiring parents on the DPB to return to part-time work or training once their children are at school

United Future policy is to get beneficiaries back to work. "We would like to see those on the DPB back learning or working part-time once their children are at school during the day. This would be under the proviso that employment or training was available and practicable."