23339 (2025). Dr Lawrence Xu-Nan to the Minister of Finance

Written Question

Published date: 06 Jun 2025

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	23339 (2025)
Question asked:	15 May 2025
Member asking:	Dr Lawrence Xu-Nan
Portfolio:	Minister of Finance
Minister replying:	Hon Nicola Willis
Answer received:	02 Jun 2025
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_23339_2025
Document guid:	eab3db45-acc4-47e4-a764-61776c02dcea

23339 (2025). Dr Lawrence Xu-Nan to the Minister of Finance: Why has the first withdrawal date for the NZ Super Fund been brought forward from 2033 to 2028?

Hon Nicola Willis: The change in the projected first withdrawal date from the 2032/33 fiscal year to the 2027/28 fiscal is a result of updates to the forecast inputs of the legislated contribution formula between Budget 2024 and Budget 2025.