Contents
NZ Superannuation and Veterans Pension tables : Contents

At 1 April 2002

Below are the New Zealand Superannuation and Veterans Pension rates at 1 April 2002. The net rates are after tax at "M" or "S".

"M" tax code

Category

Weekly rate

Fortnightly payment (net)

Annual rate (gross)

Net

Gross

Single, living alone

$238.80

$288.31

$477.60

$14,992.12

Single, sharing

$220.43

$264.90

$440.86

$13,774.80

Married person

$183.69

$218.50

$367.38

$11,362.00

Married, both qualify

Total

$367.38

$437.00

$734.76

$22,724.00

Each

$183.69

$218.50

$367.38

$11,362.00

Married, non-qualified partner included on or after 1 October 1991

Total

$350.28

$415.28

$700.56

$21,594.56

Each

$175.14

$207.64

$350.28

$10,797.28

Married, non-qualified partner included before 1 October 1991

Total

$367.38

$437.00

$734.76

$22,724.00

Each

$183.69

$218.50

$367.38

$11,362.00

Qualified partner in rest home with non-qualified partner in the community

$196.70

$234.87

$393.40

$12,213.24

Hospital rate

$28.82

$33.77

$57.64

$1,756.04

"S" 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

$227.83

$288.31

$455.66

$14,992.12

Single, sharing

$209.46

$264.90

$418.92

$13,774.80

Married person

$172.72

$218.50

$345.44

$11,362.00

Married, both qualify

Total

$345.44

$437.00

$690.88

$22,724.00

Each

$172.72

$218.50

$345.44

$11,362.00

Married, non-qualified partner included on or after 1 October 1991

Total

$328.34

$415.28

$656.68

$21,594.56

Each

$164.17

$207.64

$328.34

$10,797.28

Married, non-qualified partner included before 1 October 1991

Total

$345.44

$437.00

$690.88

$22,724.00

Each

$172.72

$218.50

$345.44

$11,362.00

Qualified partner in rest home with non-qualified partner in the community

$185.73

$234.87

$371.46

$12,213.24

Hospital rate

See Note 1 below

$33.77

$1,756.04

Note 1

The hospital rate is always taxed at the "M" rate.

Current rates

For the current rates see: