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11 Aug 2020 3:07
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  •   Home > News > Politics

    Act's outlined a new employment insurance scheme, as it pushes for an overhaul of the welfare system

    Act's outlined a new employment insurance scheme, as it pushes for an overhaul of the welfare system


    The policy would allow a taxpayer to claim 55 per cent of their average weekly earnings, if they lost their job.

    It would be capped at 60 thousand dollars a year.

    Financial Advice New Zealand chief executive Katrina Shanks says it's similar to ACC insurance.

    She says part of a worker's salary or wage would put aside and ring fenced, and only used if they lose their job.

    © 2020 Newstalk ZB, NZCity


     Other Politics News
     10 Aug: National has selected Emma Mellow as the candidate for the Auckland Central seat
     10 Aug: There' are allegations a senior National Party figure attempted to derail one of the candidates for the Auckland Central seat with a late night talkback call
     10 Aug: Judith Collins believes the Northland seat is National's -- by a country mile
     10 Aug: It might not be all bad for the South - when the Tiwai Point aluminium smelter closes
     09 Aug: Federal Government open to more JobKeeper tweaks if economy deteriorates further amid coronavirus downturn
     09 Aug: All eyes on Northland for this years' election
     09 Aug: Labour's latest policy announcement is being welcomed by business -- but it's only a piece of a puzzle
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