Department of Labour of the Government of New Zealand

Quality Assurance Review of the proposed Appropriations from Government to the Non-Earners' Account

 

Department of Labour

16 October 2008

Mr Peter Nelson
Department of Labour
56 The Terrace
Wellington
NEW ZEALAND

 

Dear Peter

Quality Assurance Review of the proposed Appropriations from Government to the Non-Earners' Account

We are pleased to provide you this draft advice on our review of the Non-Earners' Account Appropriations.

 

Aaron Cutter                 Bruce Watson

.Fellows of the Institute of Actuaries of Australia

 

Table of Contents

1. Executive Summary
2. Introduction and Background
3. Proposed Appropriations
4. Drivers of Appropriations Increase
5. Process
6. Intergenerational Funding
7. Volatility
8. Projected Funding Position
9. Minor point - Treatment Injury Funding allocation between Earners and Non-Earners'
10. Findings
11. Reliances and Limitations
12. Information Provided

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