At 1 April 2003
Below are the New Zealand Superannuation and Veterans Pension rates at 1 April 2003. 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 | $245.30 | $296.49 | $490.60 | $15,417.48 | |
Single, sharing | $226.43 | $272.58 | $452.86 | $14,174.16 | |
Married person | $188.69 | $224.76 | $377.38 | $11,687.52 | |
Married, both qualify | Total | $377.38 | $449.52 | $754.76 | $23,375.04 |
Each | $188.69 | $224.76 | $377.38 | $11,687.52 | |
Married, non-qualified partner included on or after 1 October 1991 | Total | $359.81 | $427.34 | $719.62 | $22,221.68 |
Each | $179.91 | $213.67 | $359.82 | $11,110.84 | |
Married, non-qualified partner included before 1 October 1991 | Total | $377.38 | $449.52 | $754.76 | $23,375.04 |
Each | $188.69 | $224.76 | $377.38 | $11,687.52 | |
Qualified partner in rest home with non-qualified partner in the community | $202.05 | $241.69 | $404.10 | $12,567.88 | |
Hospital rate | $29.60 | $34.70 | $59.20 | $1,804.40 | |
"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 | $234.33 | $296.49 | $468.66 | $15,417.48 | |
Single, sharing | $215.46 | $272.58 | $430.92 | $14,174.16 | |
Married person | $177.72 | $224.76 | $355.44 | $11,687.52 | |
Married, both qualify | Total | $355.44 | $449.52 | $710.88 | $23,375.04 |
Each | $177.72 | $224.76 | $355.44 | $11,687.52 | |
Married, non-qualified partner included on or after 1 October 1991 | Total | $337.88 | $427.34 | $675.76 | $22,221.68 |
Each | $168.94 | $213.67 | $337.88 | $11,110.84 | |
Married, non-qualified partner included before 1 October 1991 | Total | $355.44 | $449.52 | $710.88 | $23,375.04 |
Each | $177.72 | $224.76 | $355.44 | $11,687.52 | |
Qualified partner in rest home with non-qualified partner in the community | $191.08 | $241.69 | $382.16 | $12,567.88 | |
Hospital rate | See Note 1 below | $34.70 | $1,804.40 | ||
Note 1
The hospital rate is always taxed at the "M" rate.
Current rates
For the current rates see:
