tim_fairhall.jpg Tim Fairhall (left) and his mother Joan have won a change in KiwiSaver rules for people with life-shortening conditions. Photo: NZ HeraldAn Auckland man with Down syndrome has won a change of rules that will allow anyone with a life-shortening congenital condition to access their KiwiSaver funds before they turn 65. Commerce Minister Kris Faafoi said the rules would be changed to create a new category for early withdrawal of KiwiSaver funds for anyone with a life-shortening congenital condition. "The current requirement for people to be 65 years of age to access their savings significantly disadvantages those with life-shortening congenital conditions," he said. "The new category allows people with congenital life-shortening conditions to withdraw their savings at the point that it makes sense for them to retire.

Source: Otago Daily Times July 21, 2019 08:03 UTC