Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Ministry’s concern for overseas state pensions welcomed

Press release

13 November 2014

Ministry’s concern for overseas state pensions welcomed

The Ministry for Social Development’s latest briefing to the incoming government has been praised for highlighting critical issues on the treatment of overseas state pensions.

“It is very pleasing to see at long last the interpretation of Section 70 of the Social Security Act that can see a married retiree deprived of all or part of their New Zealand Superannuation because of their spouse’s overseas pension is noted as ‘a policy issue that could be addressed’,” says Associate Professor Susan St. John, of the Retirement Policy and Research Centre.

“New Zealand Superannuation is an individual entitlement and the use of the marital unit to reduce a spouse’s pension is arbitrary and unfair.”

In 2013, the Research Centre ran a forum that summarised the broad inequity and inconsistency of current policies and offered some options for the way forward. “It’s hoped that the MSD’s briefing now opens up the opportunity for dialogue and actual policy changes.”

In some cases, overseas state pensions that look similar to KiwiSaver can be offset against New Zealand Superannuation. The Ministry’s briefing notes that there is a far greater movement of people between countries than 20 years ago and thus an ever growing number of retirees are affected by the deduction policy.

The briefing also highlights the urgent need to review social security agreements, especially with Australia.

“It is a fiscal black hole for the future as more people from Australia retire in New Zealand and access the universal pension.”

The Retirement Policy and Research Centre will hold a forum in December that further explores equitable treatment of overseas pensions.

For further reading

Overseas pensions: a fairer future (5 December)

Ministry of Social Development: Briefing to the Incoming Ministers (October 2014)

Overseas Pensions Forum: Justice delayed (June 2013)

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

PM's Statement: Deadly Eruption Of Whakaari / White Island

At this stage, we can confirm that amongst those currently listed as missing or injured are New Zealanders who were part of the tour operation, and tourists from Australia, the United States, the United Kingdom, China and Malaysia. That is to the best of our knowledge.

To those who have lost or are missing family and friends, we share in your unfathomable grief at this moment in time, and in your sorrow. Your loved ones stood alongside kiwis who were hosting you here. We grieve with you, and we grieve with them... More>>

RNZ Updates: Police Confirm Criminal Investigation
Speaking at a media conference late this afternoon, deputy police commissioner John Tims said the terms of reference for the investigation will be decided on in the next few days...
Ministry of Health spokesperson Pete Watson said 25 of the 31 people injured by the eruption are in burns units in Christchurch, Hutt Valley, Waikato and Middlemore Hospitals. More>>

Gordon Campbell: On The Eruption And Tourism Safety
Adventure tourism is a central theme in New Zealand tourism, and by definition, adventure always includes a certain level of risk. That said, New Zealand itself is also at risk of being seen as a tourism destination where commercial factors – rather than safety factors – are routinely allowed to determine the point where the boundary line of acceptable risk is being drawn. More>>


Mosque Attacks: Names Of Arresting Officers Released

Police are now in the position to name the two officers involved in the arrest of the alleged gunman responsible for the attacks on the Al Noor and Linwood Mosques on March 15. More>>

Big, Bold, Permanent Change Needed: Children's Commissioner On 2019 Child Poverty Monitor

“I want to see family incomes dramatically raised by increasing benefits and making the minimum wage a living wage. And the Government needs to move much faster at increasing the supply of social housing..." More>>


RNZ Live Updates: Weather Mayhem Strands Tourists; Major Roads Closed

Hundreds of tourists are stranded on the West Coast, and on the other side of the South Island a flood-damaged bridge has closed State Highway 1, after a weekend of torrential rain... More>>


Policing: Armoured Specialist Police Vehicles

New Zealand Police has taken delivery of three Armoured Special Purpose Vehicles. The vehicles are unmarked and look like standard Toyota Land cruisers... They will not be used for patrol. More>>

Single Use PVC And Polystyrene Out: Next Steps On Plastic Waste

The Government will phase out more single-use plastics following the success of its single-use plastic bag ban earlier this year and the release today of a pivotal report for dealing with waste. More>>


Faafoi Statement: Minister's Suspicious Immigration Texts

I have apologised to the Prime Minister and understand I have let her down in regards to my dealings with Jason Kerrison over an immigration matter concerning his family. More>>


NZ First Conflicts Of Interest: New Details Around Timeline

New information has emerged showing it was the New Zealand First chief of staff who identified potential conflicts of interest between a forestry company and two senior government ministers, sparking a series of declarations. More>>



Five New Cancer Meds In Six Months: Pharmac Funds More Cancer Medicines, Faster Assessment

PHARMAC has confirmed that two new medicines – olaparib for ovarian cancer and fulvestrant for breast cancer – have been approved for funding... Rituximab and bortezomib, which are already funded, have also been approved for widened access following successful commercial proposals from new suppliers. More>>






InfoPages News Channels