At 1 April 1998
Below are the New Zealand Superannuation and Veterans Pension rates at 1 April 1998. The net rates are after tax at "G" or "Y".
"G" tax code
Category | Weekly rate | Fortnightly payment (net) | Annual rate (gross) | |
Net | Gross | |||
Single, living alone | $210.52 | $255.27 | $421.04 | $13,274.04 |
Single, sharing | $194.33 | $233.80 | $388.66 | $12,157.60 |
Married person | $161.94 | $191.33 | $323.88 | $9,949.16 |
Married, both qualify (total) | $323.88 | $382.66 | $648.76 | $19,898.32 |
Married, non-qualified partner included on or after 1 October 1991 (each) | $154.64 | $181.79 | $309.28 | $9,453.08 |
Married, non-qualified partner included before 1 October 1991 (each) | $161.94 | $191.33 | $323.88 | $9,949.16 |
Qualified partner in rest home with non-qualified partner in the community | $184.17 | $220.52 | $368.34 | $11,467.04 |
Hospital rate | $26.98 | $31.63 | $53.96 | $1,644.76 |
"Y" tax code
Use this table if the superannuitant has other income.
Category | Weekly rate | Fortnightly payment (net) | Annual rate (gross) | |
Net | Gross | |||
Single, living alone | $194.07 | $255.27 | $388.14 | $13,274.04 |
Single, sharing | $177.88 | $233.80 | $355.76 | $12,157.60 |
Married person | $145.49 | $191.33 | $290.98 | $9,949.16 |
Married, both qualify (total) | $290.98 | $382.66 | $581.96 | $19,898.32 |
Married, non-qualified partner included on or after 1 October 1991 (each) | $138.35 | $181.79 | $276.70 | $9,453.08 |
Married, non-qualified partner included before 1 October 1991 (each) | $145.49 | $191.33 | $290.98 | $9,949.16 |
Qualified partner in rest home with non-qualified partner in the community | $167.72 | $220.52 | $335.44 | $11,467.04 |
Hospital rate | See Note 1 below | $31.63 | $1,644.76 | |
Note 1
The hospital rate is always taxed at the "M" rate.
Current rates
For the current rates see:
