At 2 September 2013
Below are the New Zealand Superannuation and Veterans Pension rates at 2 September 2013 (see Note 1 below). 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 | $410.32 | $357.42 | $714.84 | |
Single, sharing accommodation | $377.05 | $329.93 | $659.86 | |
Married person or partner in a civil union or de facto relationship | $310.34 | $274.94 | $549.88 | |
Married or in a civil union or de facto relationship, both qualify | Total | $620.68 | $549.88 | $1,099.76 |
Each | $310.34 | $274.94 | $549.88 | |
Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991 | Total | $587.46 | $522.62 | $1,045.24 |
Each | $293.73 | $261.31 | $522.62 | |
Married, non-qualified partner included before 1 October 1991 | Total | $620.68 | $549.88 | $1,099.76 |
Each | $310.34 | $274.94 | $549.88 | |
Qualified partner in rest home with non-qualified partner in the community | $289.47 | $257.75 | $515.50 | |
Hospital rate | $47.57 | $42.64 | $85.28 | |
"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 | $410.32 | $338.57 | $677.14 | |
Single, sharing accommodation | $377.05 | $311.08 | $622.16 | |
Married person or partner in a civil union or de facto relationship | $310.34 | $256.09 | $512.18 | |
Married or in a civil union or de facto relationship, both qualify | Total | $620.68 | $512.18 | $1,024.36 |
Each | $310.34 | $256.09 | $512.18 | |
Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991 | Total | $587.46 | $484.91 | $969.82 |
Each | $293.73 | $242.46 | $484.92 | |
Married, non-qualified partner included before 1 October 1991 | Total | $620.68 | $512.18 | $1,024.36 |
Each | $310.34 | $256.09 | $512.18 | |
Qualified partner in rest home with non-qualified partner in the community | $289.47 | $238.90 | $477.80 | |
Hospital rate | $47.57 | See Note 2 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 | $410.32 | $287.32 | $574.64 | |
Single, sharing accommodation | $377.05 | $263.95 | $527.90 | |
Married person or partner in a civil union or de facto relationship | $310.34 | $217.34 | $434.68 | |
Married or in a civil union or de facto relationship, both qualify | Total | $620.68 | $434.68 | $869.36 |
Each | $310.34 | $217.34 | $434.68 | |
Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991 | Total | $587.46 | $411.66 | $823.32 |
Each | $293.73 | $205.83 | $411.66 | |
Married, non-qualified partner included before 1 October 1991 | Total | $620.68 | $434.68 | $869.36 |
Each | $310.34 | $217.34 | $434.68 | |
Qualified partner in rest home with non-qualified partner in the community | $289.47 | $202.77 | $405.54 | |
Hospital rate | $47.57 | See Note 2 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 | $410.32 | $275.02 | $550.04 | |
Single, sharing accommodation | $377.05 | $252.64 | $505.28 | |
Married person or partner in a civil union or de facto relationship | $310.34 | $208.04 | $416.08 | |
Married or in a civil union or de facto relationship, both qualify | Total | $620.68 | $416.08 | $832.16 |
Each | $310.34 | $208.04 | $416.08 | |
Married or in a civil union or de facto relationship, non-qualified partner included on or after 1 October 1991 | Total | $587.46 | $394.08 | $788.16 |
Each | $293.73 | $197.04 | $394.08 | |
Married, non-qualified partner included before 1 October 1991 | Total | $620.68 | $416.08 | $832.16 |
Each | $310.34 | $208.04 | $416.08 | |
Qualified partner in rest home with non-qualified partner in the community | $289.47 | $194.10 | $388.20 | |
Hospital rate | $47.57 | See Note 2 below | ||
Note 1
The rates did not change from 1 April 2013 to 2 September 2013. The only change at 2 September 2013 was the replacement of the Living Alone Payment with a single living alone rate.
Note 2
The hospital rate is always taxed at the "M" rate.
Current rates
For the current rates see:
