At 1 April 2010
Below are the New Zealand Superannuation and Veterans Pension rates at 1 April 2010. 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 | $318.12 | $373.56 | $636.24 | $19,425.12 | |
Single, sharing | $293.65 | $342.58 | $587.30 | $17,814.16 | |
Married person or partner in a civil union or de facto relationship | $244.71 | $280.62 | $489.42 | $14,592.24 | |
Married or in a civil union or de facto relationship, both qualify | Total | $489.42 | $561.24 | $978.84 | $29,184.48 |
Each | $244.71 | $280.62 | $489.42 | $14,592.24 | |
Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991 | Total | $465.48 | $531.72 | $930.96 | $27,649.44 |
Each | $232.74 | $265.86 | $465.48 | $13,824.72 | |
Married, non-qualified partner included before 1 October 1991 | Total | $489.42 | $561.24 | $978.84 | $29,184.48 |
Each | $244.71 | $280.62 | $489.42 | $14,592.24 | |
Qualified partner in rest home with non-qualified partner in the community | $242.63 | $278.12 | $485.26 | $14,462.24 | |
Hospital rate | $35.55 | $40.55 | $71.10 | $2,108.60 | |
"S" tax code
Use this table if the superannuitant has other income and an "S" tax rate (21%).
Category | Weekly rate | Fortnightly payment (net) | Annual rate (gross) | ||
Net | Gross | ||||
Single, living alone | $295.23 | $373.56 | $590.46 | $19,425.12 | |
Single, sharing | $270.76 | $342.58 | $541.52 | $17,814.16 | |
Married person or partner in a civil union or de facto relationship | $221.82 | $280.62 | $443.64 | $14,592.24 | |
Married or in a civil union or de facto relationship, both qualify | Total | $443.64 | $561.24 | $887.28 | $29,184.48 |
Each | $221.82 | $280.62 | $443.64 | $14,592.24 | |
Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991 | Total | $420.42 | $531.72 | $840.84 | $27,649.44 |
Each | $210.21 | $265.86 | $420.42 | $13,824.72 | |
Married, non-qualified partner included before 1 October 1991 | Total | $443.64 | $561.24 | $887.28 | $29,184.48 |
Each | $221.82 | $280.62 | $443.64 | $14,592.24 | |
Qualified partner in rest home with non-qualified partner in the community | $219.74 | $278.12 | $439.48 | $14,462.24 | |
Hospital rate | See Note 1 below | $40.55 | $2,108.60 | ||
Note 1
The hospital rate is always taxed at the "M" rate.
Current rates
For the current rates see:
