Currently, the taxes paid include expenditure for retirement pensions. Its fine to remove those tax payments and pensions and replace them, but for everyone working at the moment, some of the taxes they have paid include that benefit. They also include medical benefits, but pensions are a tax payment to be received later, whereas many tax payment spends are for today.
No, no no. Labour started doing this in 2001(?) with the super fund. National halted contributions to the super fund. As far as I am aware no one has ever contributed to future retirement apart from those few years Labour brought it in.
I wasnt referring to super. Right now, the Govt pays pensions. So, they are funded from taxes, everybodys taxes