At 1 July 1998
Below are the New Zealand Superannuation and Veterans Pension rates at 1 July 1998. The net rates are after tax at "G" or "Y".
"G" tax code
Category | Weekly rate | Fortnightly payment (net) | Annual rate (gross) | |
Net | Gross | |||
Single, living alone | $212.69 | $255.27 | $425.38 | $13,274.04 |
Single, sharing | $195.84 | $233.80 | $391.68 | $12,157.60 |
Married person | $162.19 | $191.33 | $324.38 | $9,949.16 |
Married, both qualify (total) | $324.38 | $382.66 | $648.76 | $19,898.32 |
Married, non-qualified partner included on or after 1 October 1991 (each) | $154.64 | $181.79 | $309.28 | $9,453.08 |
Married, non-qualified partner included before 1 October 1991 (each) | $162.19 | $191.33 | $324.38 | $9,949.16 |
Qualified partner in rest home with non-qualified partner in the community | $184.17 | $219.19 | $368.34 | $11,397.88 |
Hospital rate | $26.98 | $31.63 | $53.96 | $1,644.76 |
"Y" 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 | $201.72 | $255.27 | $403.44 | $13,274.04 |
Single, sharing | $184.87 | $233.80 | $369.74 | $12,157.60 |
Married person | $151.22 | $191.33 | $302.44 | $9,949.16 |
Married, both qualify (total) | $302.44 | $382.66 | $604.88 | $19,898.32 |
Married, non-qualified partner included on or after 1 October 1991 (each) | $143.78 | $181.79 | $287.56 | $9,453.08 |
Married, non-qualified partner included before 1 October 1991 (each) | $151.22 | $191.33 | $302.44 | $9,949.16 |
Qualified partner in rest home with non-qualified partner in the community | $173.20 | $219.19 | $346.40 | $11,397.88 |
Hospital rate | See Note 1 below | $31.63 | $1,644.76 | |
Note 1
The hospital rate is always taxed at the "M" rate.
Current rates
For the current rates see:
