At 1 April 2006
Below are the New Zealand Superannuation and Veterans Pension rates at 1 April 2006. 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 | $263.90 | $320.13 | $527.80 | $16,646.76 | |
Single, sharing | $243.60 | $294.37 | $487.20 | $15,307.24 | |
Married person or partner in a civil union | $203.00 | $243.06 | $406.00 | $12,639.12 | |
Married or in a civil union, both qualify | Total | $406.00 | $486.12 | $812.00 | $25,278.24 |
Each | $203.00 | $243.06 | $406.00 | $12,639.12 | |
Married or in a civil union, non-qualified partner included on or after 1 October 1991 | Total | $387.14 | $462.22 | $774.28 | $24,035.44 |
Each | $193.57 | $231.11 | $387.14 | $12,017.72 | |
Married, non-qualified partner included before 1 October 1991 | Total | $406.00 | $486.12 | $812.00 | $25,278.24 |
Each | $203.00 | $243.06 | $406.00 | $12,639.12 | |
Qualified partner in rest home with non-qualified partner in the community | $217.38 | $261.22 | $434.76 | $13,583.44 | |
Hospital rate | $31.85 | $37.40 | $63.70 | $1,944.80 | |
"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 | $252.93 | $320.13 | $505.86 | $16,646.76 | |
Single, sharing | $232.63 | $294.37 | $465.26 | $15,307.24 | |
Married person or partner in a civil union | $192.03 | $243.06 | $384.06 | $12,639.12 | |
Married or in a civil union, both qualify | Total | $384.06 | $486.12 | $768.12 | $25,278.24 |
Each | $192.03 | $243.06 | $384.06 | $12,639.12 | |
Married or in a civil union, non-qualified partner included on or after 1 October 1991 | Total | $365.20 | $462.22 | $730.40 | $24,035.44 |
Each | $182.60 | $231.11 | $365.20 | $12,017.72 | |
Married, non-qualified partner included before 1 October 1991 | Total | $384.06 | $486.12 | $768.12 | $25,278.24 |
Each | $192.03 | $243.06 | $384.06 | $12,639.12 | |
Qualified partner in rest home with non-qualified partner in the community | $206.41 | $261.22 | $412.82 | $13,583.44 | |
Hospital rate | See Note 1 below | $37.40 | $1,944.80 | ||
Note 1
The hospital rate is always taxed at the "M" rate.
Current rates
For the current rates see:
