NZ Superannuation Payments increase from April 1, 2021

https://www.workandincome.govt.nz/about-work-and-income/news/2021/benefit-and-payment-rates-2021.html

From  April 1 , 2021  NZ Superannuation and Veteran payments increase, showing in April 15 payments

 

NZ Super and Veteran’s Pension

 

Pension type Net weekly rate
(after tax at “M”)
Net weekly rate
(after tax at “S”)
Gross weekly rate
NZ Super or Veteran’s Pension – standard rates
Single
Single, living alone $436.94 $418.09 $506.64
Single, sharing $403.33 $384.48 $466.03
Couples
Both you and your partner qualify (combined) $672.22 $634.52 $768.92
Both you and your partner qualify (each) $336.11 $317.26 $384.46
Only one of you qualifies and you include your partner in your payments (combined) $638.94 $601.24 $728.64
Only one of you qualifies and you include your partner in your payments (each) $319. 47 $300.62 $364.32
Only one of you qualifies and you don’t include your partner in your payments $336.11 $317.26 $384.46
NZ Super or Veteran’s Pension — non-standard rates
Couple, with non-qualified spouse included before 1 October 1991 (total) $672.22 $634.52 $768.92
Couple, with non-qualified spouse included before 1 October 1991 (each) $336.11 $317.26 $384.46
Hospital rate $46.56 Note 1 $52.02
Non-taxable amounts
Other veterans lump sum payment on death $6,237.50
Veteran’s spouse’s lump sum payment on death $4,756.27

Note 1: The hospital rate is always taxed at the ‘M’ rate.

You can find more information about the NZ Super and Veteran’s Pension rates here.

For more information about war pensions and allowances, please phone Veterans’ Affairs New Zealand on 0800 483 8372 (0800 4 VETERAN)

 

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