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The current rates of New Zealand Superannuation (NZ Super rates) below give a broad idea of how much the state pension is this year. Could we live on that? If not, it’s time to put some other plans in place. 

Standard rates from 1 April 2021

Here are the current superannuation rates of NZ Super from 1 April 2021 after tax has been deducted at rate 'M'. For other tax codes, see the Work and Income website.

 

Standard NZ Super Rates (for tax code M)

Qualifying as

Weekly rate

Annual rate

Single: living alone

$437 

 $22,721

Single: sharing

$403

 $20,973

Married, civil union or de facto couple: one partner qualifies (and the other is not included)

$336

 $17,478

Married, civil union or de facto couple: both partners qualify

$672 

 $34,955 

Married, civil union or de facto couple: one partner qualifies and the other is included

$639

 $33,225

Source: Ministry of Social Development 

For help working out the best option, Work and Income can be reached on 0800 552 002.

 

To find out exactly what you’re entitled to, call Work and Income on 0800 552 002 (you’ll need to have your IRD number handy) or there’s the Work and Income website.