Overseas Pensions and payment of NZ Super and Veterans Pension
12 June 2008.
The Government is investing an additional $6 million over the next four years into the payment of New Zealand Superannuation and Veterans Pensions overseas.
The change will provide New Zealanders with a greater choice about where they live or travel abroad in retirement.
Superannuitants wanting to move overseas will now be able to receive up to 100% of the full rate of payment rather than the current flat rate of 50%. Superannuitants who wish to travel to multiple countries will still be entitled to payment during their absence from New Zealand.
Cabinet Papers: Review of treatment of Overseas Pensions and payment of New Zealand Superannuation and Veteran's Pension overseas
These papers provided Cabinet with information on the Review of Treatment of Overseas Pensions and Payment of New Zealand Superannuation and Veteran’s Pension Overseas (the Review), which was conducted by Treasury and the Ministry of Social Development.
