News

ORC seeks to review its funding arrangements

Thursday 20th of January 2000
A 60 per cent decline in private sector funding of the Office of the Retirement Commissioner (ORC) and a change of Government is forcing a review of the office's operations.

Originally, when the ORC was established five years ago, then finance minister Bill Birch strong-armed 10 firms in the financial services firms to contribute $100,000 each annually to help fund the office.

Many o...

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