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	Podcast:		Heather du Plessis-Allan Drive
	Episode:		Simon Watts: National MP on NZ Super Fund paying out $16m in bonuses last year
	Category:		News & Politics
	Duration:		00:03:27
	Publish Date:		2023-02-09 07:20:58
	Description:		The NZ Super Fund paid out $16.2m in bonuses to staff at the end of 2022. The amount paid in bonuses increased by 50 percent, with four staff members receiving between $355,000 and $560,000. The NZ Super Fund was forced to justify this to Parliament's Finance and Expenditure select committee, including National's Simon Watts. Simon Watts says that paying an extra $500,000 to highly paid public servants is unjustifiable during a cost of living crisis. "When New Zealand Super Fund exists to deliver outcomes for the New Zealand public, they should absolutely act in line with community expectations regarding remuneration, regardless of the level of independence from Government." LISTEN ABOVE See omnystudio.com/listener for privacy information.
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