Beneficiary pay on the rise

TRACY WATKINS
Last updated 15:38 18/03/2014

Relevant offers

Politics

John Key's rural New Zealand problem Jo Doolan: Budget takes aim at child poverty, but does it do too much? Vodafone Rural Broadband uptake prompts inquiry call Matthew Hooton and Dirty Politics: anatomy of the vast right-wing conspiracy Greens leadership race too close to call Former ACT secretary referred to police over late declaration of donations Jenny Shipley among Mainzeal directors facing legal action Remember that time Helen Clark called John Campbell a 'sanctimonious little creep'? Support for mass KiwiSaver enrolment Auckland housing land released by Crown

More than a million pensioners and beneficiaries will get a pay rise from April 1 - including a $14.60-a-week rise in income for married superannuitants or $9.50-a-week for single pensioners.

Social Development Minister Paula Bennett announced the new rates today after an annual cost-of-living adjustment.

The adjustment will be a 1.38 per cent increase to benefit rates, student allowances, student-loan living costs and the foster-care allowance and will also raise the rates and thresholds for supplementary assistance and the community services card.

Bennett said the rate for superannuitants and the veterans pension would rise by 2.66 per cent, in line with the Government's commitment to keep the married couple rate at at least 66 per cent of the average wage.

That would take the gross married rate to $638.46 a week or $564.52 after tax. The gross rate for single pensioners living alone would rise to $421.76 or $366.94 after tax.

A full list of the new rates and thresholds was at www.workandincome.govt.nz

Ad Feedback

- Stuff

Special offers
Opinion poll

Should the speed limit be raised to 110kmh on some roads?

Yes

No

Vote Result

Related story: 110kmh limit moves closer

Featured Promotions

Sponsored Content