how much is the pension in nz

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Nature

The New Zealand pension, known as New Zealand Superannuation (NZ Super), is a universal public pension scheme for those aged 65 and over. As of 2025, the pension rates after tax vary depending on living arrangements:

  • Single person living alone receives approximately NZ$1,038.94 fortnightly.
  • Single person sharing accommodation receives around NZ$956.72 fortnightly.
  • Each member of a couple (both qualify) receives about NZ$799.18 fortnightly.

These rates are adjusted annually to keep pace with inflation and wage growth. The pension is taxable income, and eligibility requires residency and age criteria, including living in New Zealand for at least 10 years since age 20, with 5 years after age 50.