Advice and Support for South Africans Immigrating to New Zealand

South Africans Going To New Zealand

Author Topic: New Zealand Superannuation  (Read 1939 times)

Offline Dan

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New Zealand Superannuation
« on: May 16, 2013, 10:04:04 am »
So I was asked a question about a comment I made regarding New Zealand Superannuation.   

New Zealand Superannuation is a public pension, which is available to New Zealanders aged 65 or over, who are citizens or permanent residents, and who live in New Zealand.  The net fortnightly payment for a single living alone recipient is NZ$714.84, and NZ$1045.24 (as at 1 April 2013).  Many qualify for a Disability Allowance to assist with costs such medical care, telephone, gardening and lawn mowing etc.

Many New Zealanders have KiwiSaver and/or other superannuation savings schemes, which apply on top of New Zealand Superannuation.  Savings rates are increasing in New Zealand, and personal savings will grow in significance in the future.

To qualify for New Zealand Superannuation, an applicant must have lived in New Zealand for at least 10 years since turning 20, and five of those years must be since the applicant turned 50. Some applicants qualify with less than 10 years residence although this depends on whether they have come from a country that has a reciprocal social security agreement with New Zealand.

However, people may qualify for New Zealand Superannuation with less than 10 years residence if they have migrated to New Zealand from countries with which New Zealand has a social security agreement (e.g. Australia, Canada, the UK, and a number of European countries).

Hope this information is useful.

Offline Goldie&3Bears

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Re: New Zealand Superannuation
« Reply #1 on: May 16, 2013, 11:14:21 am »
thanks for the info dan!
05/03/13 Final decision NZ WILL be our future home!
19/3 Got a 'bite' now to hook it
2/4 DH got the job!
31/7 EWRB registration docs
20/8 Registration approved
28/8 Submit visa app
6/8 Visa APPROVED!
8/8 House sold
16/9 Submit EOI
30/9 ITA received
12/11 Arrive in NZ!

SA Going to NZ Advice Forum

Re: New Zealand Superannuation
« Reply #1 on: May 16, 2013, 11:14:21 am »

Offline Mohansingh

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Re: New Zealand Superannuation
« Reply #2 on: October 12, 2013, 06:26:43 am »
I was searching for the same topic/ question but this page really satisfied me with the details which are very much important as well as will help others also.

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Offline yusuf

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Re: New Zealand Superannuation
« Reply #3 on: October 12, 2013, 07:01:23 am »
Gosh, not another one of these spammers!
DIY Residence Application - Roughly 18 months
Arrived in Wellington with Residence - 1st May 2013
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Offline Sherelee

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Re: New Zealand Superannuation
« Reply #4 on: October 13, 2013, 10:26:31 pm »

Oh no..... I've now banned him from the forum  :tickedoff: