| 18.06.2009 - Superannuation fund rises above break even |
| From Stuff.co.nz: The New Zealand Superannuation Fund made a profit 3.47 per cent, or $587 million in May, the same month the Government turned off the tap of contributions for the next decade. The Labour government had planned to put about $2 billion a year in the "Cullen fund" to build up a fund that would partly pay for pensions.........Full Article: Source |