PremiumOpinionOpinion byMary HolmColumnist·NZ Herald·22 May, 2026 05:00 PM12 mins to readMary Holm is a columnist for the New Zealand Herald.‌Younger Kiwis who cannot see a future with New Zealand Superannuation in it could be a little too pessimistic, Mary Holm writes. Photo / 123rfQ: As a 48-year-old, there is no way I will ever receive the state pension, as all Ponzi schemes eventually collapse. So it isn’t an issue for my generation or below.But it is unfair for people who have actually saved for their retirement to be penalised for doing so.