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
13 July 2020
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.
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