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Winston Peters Proposes Curbing NZ Super for New Residents

9/9/2026

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Summary

Story summary

Winston Peters proposes limiting NZ Super to citizens, with a three-year grace period.
He says current rules giving super to residents with 20 years residence or five years after age 50 are unfair.
The older-migrant superannuation cost rose to $1 billion, double the $500 million in 2015.
In December 2025 the Crown paid $2 million to over 42,000 superannuitants who arrived aged 50+, which Peters calls a “ticking time bomb”.

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Story summary

Winston Peters proposes limiting NZ Super to citizens, with a three-year grace period.
He says current rules giving super to residents with 20 years residence or five years after age 50 are unfair.
The older-migrant superannuation cost rose to $1 billion, double the $500 million in 2015.
In December 2025 the Crown paid $2 million to over 42,000 superannuitants who arrived aged 50+, which Peters calls a “ticking time bomb”.