76 days ago

SHOCKING!!!! The 20-somethings receiving NZ Super

Brian from Mount Roskill

There are about 3000 people across New Zealand receiving NZ Super who are not yet 65 - and three of them are not even 30.
Before 2020, it was possible for someone receiving NZ Super to add a non-qualifying partner.
This gives each person a payment of $787.58 a fortnight.
The option was removed in 2020 but people who were already receiving the payment were allowed to remain on it.
Three are aged 25 to 29, six 30 to 34, nine 35 to 39 and 27 aged 40 to 44.
==========================================================
The number is rounded to the nearest three.
The bulk of the 3003 non-qualifying partners aged under 65 are between between 60 and 64.
In 2019, there were 13,231 non-qualifying partners receiving the payment.
A Cabinet paper at the time of the change noted that the payment was income tested but there were no work obligations for either partner.
It said the change was made as part of a shift towards assessing the pension on an individual basis.
"Partners who are unable to access the NQP provision will continue to have access to the main benefit system - eg Jobseeker Support, Support Supported Living Payment, or Emergency Benefit."
But economist Shamubeel Eaqub said people who were in that position were worse off.
"Unemployment payments are a lot less than super payments."
Infometrics chief forecaster Gareth Kiernan agreed there was potential inequity between someone who had qualified for the higher payment because of their older partner, and someone who had not.
A person on JobSeeker Support at half the couple rate would get $307.42 before tax each week, compared to $476.47 for the NZ Super recipient.
Any additional income earned by the couple would reduce the JobSeeker entitlement but not the NZ Super payment.
Kiernan said about 2.5 percent of people aged 60 to 64 were on JobSeeker Support. That was a total of about 7800 people in August, compared to 8139 for 55 to 59-year-olds.
At the time of the change, the Retirement Policy Research Centre said there could be problems for couples if someone who was under 65 had to stop work to care for an older partner but could no longer access the same support.
=====================================================

More messages from your neighbours
7 days ago

Neighbourhood Challenge: Who Can Crack This One? ⛓️‍💥❔

The Riddler from The Neighbourly Riddler

What has a head but no brain?

Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!

Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

Image
1 day ago

Poll: Is it ok to regift something that you have been given?

The Team from Neighbourly.co.nz

🎁 Holiday Gift Chat!

Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?

Image
Is it ok to regift something that you have been given?
  • 79% Yes! It's better to regift what I don't need
    79% Complete
  • 21% No. It's the thought and effort that matters
    21% Complete
505 votes
29 days ago

Some Choice News!

Kia pai from Sharing the Good Stuff

Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.

Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.

Thinking about planting something to invite more butterflies, bees, and birds into your garden?

Thanks for your mahi, Alan! We hope this brings a smile!

Image