The Retirement Commissioner is an Autonomous Crown Entity listed in schedule 1, Part 2 of the Crown Entities Act 2004. Under legal mandate the Retirement Commissioner is required to fulfil the relevant functions and requirements of the New Zealand Superannuation and Retirement Income Act 2001 and certain functions under the Retirement Villages Act 2003. The Retirement Commission is the office of the Commissioner.
Our responsibilities include:
And under the Retirement Villages Act:
The Commission has agreed to and signed an Output Agreement for 2006/07 with the Minister of Social Development and Employment, setting out details on the way in which it will continue to consult and report to him on the Government's purchase and ownership interests in the entity.
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