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ACC’s investment returns can’t keep plugging funding gap

Chair Paula Rebstock says deficit has now been turned into an estimated $7.3b surplus.

Brent Edwards Thu, 18 Feb 2021

ACC is making a killing on its investments but is still worried it is not earning enough from levies to pay for the lifetime cost of new claims.

Chair Dame Paula Rebstock told Parliament’s education and workforce select committee that in the financial year ended June 30, 2020, ACC’s

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Brent Edwards Thu, 18 Feb 2021
Contact the Writer: brent@nbr.co.nz
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ACC’s investment returns can’t keep plugging funding gap
Politics,
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