Many Co-op farmers aged over 65 may find that the payout, coupled with regular superannuation payments, means they're sitting in a healthy financial position.
After some lean seasons in the dairy industry, this year’s strong payout is a welcome relief to many. We all know rural people look after their own and are generous with fundraising, and their time and skills.
Older Co-op farmers now have the option to extend this generous spirit beyond the farm gate and help look out for Kiwi children growing up in poverty. One in five children in New Zealand lives in a household where they are going without the basics – warm homes, regular meals, and the chance of a prosperous future.
That’s where Share My Super comes in. It’s a simple platform for older New Zealanders who don’t need their full superannuation payments and want to channel that support to where it’s needed most. Every dollar goes to frontline charities working to improve the lives of children doing it tough across rural and urban areas.
Co-op farmers can choose how much they want to give and when. Some superannuants invest a regular portion of their Super payment into Share My Super. Others pay a lump sum when they’ve had a good year financially. All funds go directly to charities supporting young New Zealanders in need.
GPs Elly Kroef and Keith Buswell have been practising in Te Kūiti since the 1980s, and in that time, they’ve seen a marked rise in rural children going without.
“There’s a bigger income disparity now, and I think the underprivileged in Te Kūiti are worse off than they were 40 years ago. We see poverty every day – constant sickness from poor housing, family stress, and just a sense of hopelessness,” says Elly.
As both are still working, the couple decided they didn’t need their Super, so they began researching charities they could support.
“It’s hard to know if your money is being put to good use. We chose Share My Super because they do all the due diligence, they select charities based on evidence, and they monitor their performance. We feel confident our Super is making a difference for kids,” says Keith.
To find out more about sharing your super with young New Zealanders in need, visit sharemysuper.org.nz.
Article supplied by Share My Super