Heather du Plessis-Allan: Don't touch my pension

Let's talk about this business with the pension age.

Chris Luxon has said today twice that he wants the pension age to go up to 67.

He said it once on Kerre’s show this morning, and then at a post-budget lunch speaking to business leaders, he repeated it and he told them that this is basically going to be election policy for National next year.

Now, regardless of how you may feel about this, I mean, you'd have to be coming around to the realisation, wouldn't you, that we are inching closer and closer to this thing actually happening.

Especially after the changes that the government made to our KiwiSaver retirement funds yesterday.

It's not long now.

I think that the government will have completely wound down its government support of KiwiSaver, and then it's gonna come after the pension next, isn't it?

This is where I think it gets tricky, because this is not just about money for people.

This is emotional.

Let me lay out the emotional argument for you as it plays out in my head, OK?

It goes like this: Don't touch my pension. You can touch anything else. Do not touch my pension.

I don't care if they take away every other piece of welfare that is available to me and other people.

In fact, I would actually welcome it, because I think there is way too much welfare in this country for the middle class who don't actually need it.

You get a best start payment for having a newborn. You're having a baby. They give you money.

You get the winter energy payment. You get Working for Families, which I think is a crime.

You get the subsidised childcare for sending your kid to kindy. You get free tertiary education for the 3rd year, God only knows why.

Free government money for your KiwiSaver.

Now, as far as I'm concerned, there's way too much of that stuff going on. They can take all of that away. If they don't want to take it away, they can means test it so that actually the most, and only the most needy in this country get it.

But I will do everything I can to stop them touching my pension. Because I have earned that money.

This is not a question about whether I need that money, it is that I have earned that money.

I, like you, have contributed huge amounts of tax to this country, and actually I have not claimed very much back for myself.

It's certainly not anywhere near how much I have put in.

The only thing that stops me from being very sour about how much money they take out of my pay packet every year and the wasting of that money and the bludging by some on that money is the knowledge that when I hit 65 and want to retire, I will get a little bit back.

Call it a goodwill gesture from the government, if you like, a government who I have helped prop up just like you have for donkeys' years, by the time that money comes into my bank account.

So, good luck to Chris Luxon getting this one across the line.

I think it's going to be one of the hardest fights to win because of the emotional argument that I have just laid out for you. I think they might find it easier to take away a lot of other welfare first.

And unless they take away a lot of other welfare first, I am not budging on the pension.

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Episode Transcript

Speaker 1 (00:00):
Let's talk about this business with the pension age. Okay.
So Chris Luxon has said today twice that he wants
the pension age to go up to sixty seven and
he said at once on Kerrey Show this morning, and
then at a post budget lunch speaking to business leaders
he repeated it and he told them that this is
basically going to be election policy for national next year. Now,
regardless of how you may feel about this, I mean,

(00:20):
you'd have to be coming around to the realization, wouldn't you,
That we are inch and closer and closer to this
thing actually happening, especially after the changes that the government
made to our key we save the retirement funds yesterday.
It's not long now. I think that the government will
have completely wound down its government support of Kei we Saver,
and then it's going to come after the pension next,
isn't it. And this is where I think it gets tricky,

(00:42):
because this is not just about money for people. This
is emotional. Let me lay out the emotional argument for
you as it plays out in my head. Okay, goes
like this, don't touch my pension. You can touch anything else,
do not touch my pension. I don't care, if they
take away every other piece of well that is available
to me and other people. In fact, they would actually

(01:02):
welcome it, because I think there is way too much
welfare in this country for the middle class who don't
actually need it. You get a best start payment for
having a newborn. You having a baby, they give you money.
You get the winter energy payment, you get working for families,
which I think is a crime. You get the subsidized
child care for sending your kid to KINDI. You get
free tertiary education for the third year. God only knows why.
Free government money for your key. We save it now.

(01:24):
As far as I'm considered, way too much of that
stuff going on, they can take all of that away.
If then I want to take it away, they can
means test it. So actually the most only the most
needy in this country get it. But I will do
everything I can to stop them touching my pension because
I have earned that money. This is not a question
about whether I need that money. It is that I
have earned that money. I, like you, have contributed huge

(01:49):
amounts of tax to this country, and actually I have
not claimed very much back for myself, and certainly not
anywhere near how much I have put in the Only
thing that stops me from being very sour about how
much money they take out of my paypack it every
year and the wasting of that money and the bludging
by some on that money, is the knowledge that when
I hit sixty five and want to retire, I will

(02:09):
get a little bit back. Call it a good will
gesture from the government, if you like a government who
I have helped prop up, just like you have four
donkeys years by the time that money comes into my
bank account. So good luck to Chris Luxen getting this
one across the line. I think it's going to be
one of the hardest fights to win because of the
emotional argument that I have just laid out for you,

(02:29):
and I think they might find it easier to take
away a lot of other welfare first. And unless they
take away a lot of other welfare first, I am
not budging on the punt pension. For more from Heather
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