Retirement income policy review

The Commission for Financial Capability has a mandate to review retirement income policy every three years and report to Government.

In a nutshell, the cost of NZ Super (which is taxpayer funded today) will double by mid-century. Healthcare costs will increase too. How will future governments manage the challenge? What do we believe as a society about intergenerational equity, which simply means what do we owe our children and grandchildren and what do they owe us? 

Review of retirement income policies

2016 Review of Retirement Income Policies

Under the New Zealand Superannuation and Retirement Income Act 2001, the Retirement Commissioner is required to review retirement income policies every three years. 

Terms of Reference for the 2016 Review of Retirement Income Policies (PDF).

Visit our dedicated Year of the Review section.

2013 Report to Government

Focusing on the Future is the 2013 review of retirement income policies.

It draws on a mix of background papers, submissions, analysis and other research, and aims to raise public awareness of retirement income policy issues.

The final report to Government was tabled 12 December 2013.

The report’s policy recommendations are part of the Commission’s broader mission to help New Zealanders prepare financially across their lifetimes for retirement.

RI Focusing on the future report cover

Focusing on the Future: Report to Government (PDF 1.98 MB, Dec 2013)

You can order a printed copy by emailing us at

See the background papers prepared for the review and the range of submissions received

See the policy position papers exploring the eight objectives of the review.  

Government response to Focusing on the Future

Letter to the Retirement Commissioner from the Hon Craig Foss, 24 June 2014 (PDF 350 KB) 

Previous reviews 

If you are interested in previous reviews of retirement income policies that the Commission has done, you are welcome to contact us.

Related link