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1997 New Zealand pensions referendum

Field	Value
title	Do you support the proposed compulsory retirement savings scheme?
country	New Zealand
date	26 September 1997
yes	163,209
no	1,820,403
invalid	4,938
electorate	2,475,220

A referendum on introducing a compulsory retirement savings scheme was held in New Zealand on 26 September 1997. The question put in the referendum was "Do you support the proposed compulsory retirement savings scheme?" The proposal was rejected by 92% of voters, with a turnout of 80%.

The design of the proposed savings scheme and the referendum were a result of the coalition agreement between the National Party and New Zealand First following the 1996 general elections. The referendum was set up by the Compulsory Retirement Savings Scheme Referendum Act 1997.

Results

References

[[Dieter Nohlen]], Florian Grotz & Christof Hartmann (2001) ''Elections in Asia: A data handbook, Volume II'', p724 {{ISBN. 0-19-924959-8
(November 1997). "The compulsory retirement savings scheme referendum of 1997". Social Policy Journal of New Zealand.

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

1997-referendums 1997-in-new-zealand referendums-in-new-zealand 1997-elections-in-new-zealand pension-referendums september-1997-in-oceania

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