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New Zealand Superannuation and Retirement Income (Fair Residency) Amendment Bill

Bill in the name of NZ First MP Mark Patterson drawn from the ballot and introduced on Oct 18. This bill proposes raising the minimum residency qualification for NZ Superannuation from 10 years to 20 years after age 20. First reading on July 1 and referred to the Finance and Expenditure Committee, opposed by the Greens. Report back extended from March 23 to May 4. The Bill is now in the name of National’s Andrew Bayly. Reported back on May 4 with the Bill supported to pass with a number of amendments. Most notably phasing in the move from 10 years to 20 years and softening the blow for the realm nations. The Greens remain opposed. Committee stage complete on Aug 4 with one major change in that the phase out process will not begin until 2023. Third reading on Nov 10 with the Greens and Maori Party opposed. New Zealand Superannuation and Retirement Income (Fair Residency) Amendment Bill