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Income Protection Insurance Scheme proposal

View Poll Results: How do you feel about the proposal so far?
For it.
2
22.22%
Against it.
5
55.56%
Need more details to make my mind up.
1
11.11%
There is a better alternative (Please explain in comments.)
1
11.11%
Multiple Choice Poll. Voters: 9. You may not vote on this poll

Income Protection Insurance Scheme proposal

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Old Feb 5th 2022, 7:43 pm
  #1  
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Default Income Protection Insurance Scheme proposal

As you may be aware the New Zealand government is proposing a publicly funded Income Protection Insurance Scheme to be run by ACC.
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Old Feb 6th 2022, 7:25 am
  #2  
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Default Re: Income Protection Insurance Scheme proposal

Originally Posted by Charismatic
As you may be aware the New Zealand government is proposing a publicly funded Income Protection Insurance Scheme to be run by ACC.
I believe the figures being touted are a payment of 1.88% of gross earnings will give cover of 80% of earnings for a max of 7 months. Only applies to earners on less than $150k PA
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Old Feb 6th 2022, 6:30 pm
  #3  
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Default Re: Income Protection Insurance Scheme proposal

My preferred system is one akin to the Singaporean Central Provident Fund rather than an insurance scheme.

Originally Posted by Justcol
I believe the figures being touted are a payment of 1.88% of gross earnings will give cover of 80% of earnings for a max of 7 months. Only applies to earners on less than $150k PA
​​​​​​Thanks. There's actually a feedback process but I've given up on providing any because, as we saw with CGT, it doesn't actually appear to influence public policy.
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Old Feb 16th 2022, 8:38 pm
  #4  
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Default Re: Income Protection Insurance Scheme proposal

Closer than I though it'd be.
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