Contents
NZ Superannuation and Veterans Pension tables : Contents

At 1 April 2017

Below are the New Zealand Superannuation and Veterans Pension rates at 1 April 2017. The net rates are after tax at "M" or "S" or "SH" or "ST".

"M" tax code

Category

Weekly rate

Fortnightly payment (net)

Gross

Net

Single, living alone

$450.10

$390.20

$780.40

Single, sharing accommodation

$413.60

$360.18

$720.36

Married person or partner in a civil union or de facto relationship

$340.80

$300.15

$600.30

Married or in a civil union or de facto relationship, both qualify

Total

$681.60

$600.30

$1,200.60

Each

$340.80

$300.15

$600.30

Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991

Total

$645.56

$570.56

$1,141.12

Each

$322.78

$285.28

$570.56

Married, non-qualified partner included before 1 October 1991

Total

$681.60

$600.30

$1,200.60

Each

$340.80

$300.15

$600.30

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

$299.01

$265.54

$531.08

Hospital rate

$49.07

$43.93

$87.86

"S" tax code

Use this table if the superannuitant has other income and an "S" tax rate (17.5%).

Category

Weekly rate

Fortnightly payment (net)

Gross

Net

Single, living alone

$450.10

$371.35

$742.70

Single, sharing accommodation

$413.60

$341.33

$682.66

Married person or partner in a civil union or de facto relationship

$340.80

$281.30

$562.60

Married or in a civil union or de facto relationship, both qualify

Total

$681.60

$562.60

$1,125.20

Each

$340.80

$281.30

$562.60

Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991

Total

$645.56

$532.86

$1,065.72

Each

$322.78

$266.43

$532.86

Married, non-qualified partner included before 1 October 1991

Total

$681.60

$562.60

$1,125.20

Each

$340.80

$281.30

$562.60

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

$299.01

$246.69

$493.38

Hospital rate

$49.07

See Note 1 below

 

"SH" tax code

Use this table if the superannuitant has other income and an "SH" tax rate (30%).

Category

Weekly rate

Fortnightly payment (net)

Gross

Net

Single, living alone

$450.10

$315.10

$630.20

Single, sharing accommodation

$413.60

$289.70

$579.40

Married person or partner in a civil union or de facto relationship

$340.80

$238.80

$477.60

Married or in a civil union or de facto relationship, both qualify

Total

$681.60

$477.60

$955.20

Each

$340.80

$238.80

$477.60

Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991

Total

$645.56

$452.36

$904.72

Each

$322.78

$226.18

$452.36

Married, non-qualified partner included before 1 October 1991

Total

$681.60

$477.60

$955.20

Each

$340.80

$238.80

$477.60

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

$299.01

$209.31

$418.62

Hospital rate

$49.07

See Note 1 below

 

"ST" tax code

Use this table if the superannuitant has other income and an "ST" tax rate (33%).

Category

Weekly rate

Fortnightly payment (net)

Gross

Net

Single, living alone

$450.10

$301.60

$603.20

Single, sharing accommodation

$413.60

$277.31

$554.62

Married person or partner in a civil union or de facto relationship

$340.80

$228.60

$457.20

Married or in a civil union or de facto relationship, both qualify

Total

$681.60

$457.20

$914.40

Each

$340.80

$228.60

$457.20

Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991

Total

$645.56

$433.04

$866.08

Each

$322.78

$216.52

$433.04

Married, non-qualified partner included before 1 October 1991

Total

$681.60

$457.20

$914.40

Each

$340.80

$228.60

$457.20

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

$299.01

$200.34

$400.68

Hospital rate

$49.07

See Note 1 below

 

Note 1

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

Current rates

For the current rates see:

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