The 2022 Review of Retirement Income Policies (RRIP) has been released and tells three stories of retirement in New Zealand.
Extensive research was undertaken into NZ Super, housing, and private savings, with a look at decumulation and KiwiSaver.
The RRIP also focused on current retirement policies and the experiences of Māori, Pacific Peoples, and women. In general, these three groups tend to arrive at pension age less economically well-off, therefore it is important that the reasons why are clearly understood and inform the development of retirement income policies.
The RRIP provides key recommendations for government, private sector, researchers, employers and Te Ara Ahunga Ora to improve retirement outcomes for all New Zealanders.