This 2018 article is a real mixture of conjecture, fact and opinion. It illustrates the difficulty of getting correct assessment of issues, and a balance on both costs, political realities and model alignment. Keep in mind, NZ Super is taxable, most other OECD pension schemes are not, and the average OECD pension cost currently is over 8%, and our model is simple!
https://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=12028887
Posted October 7th