Notice Type
Departmental
Notice Title

Rates of New Zealand Superannuation and Veterans Pensions

In order to increase the rates of New Zealand Superannuation and Veterans Pensions to the levels announced by Government on 27 January 2000, it is necessary to increase the rates in two steps:
(i) As required by section 13A of the Social Welfare (Transitional Provisions) Act 1990, the rates as at
1 April 2000 must first be increased in accordance with the change in the Consumer Price Index for the year to December 1999 (0.51%);
(ii) A further increase will be made under section 61H of the Social Security Act 1964 to set the rates at the announced levels.
The Social Security (Rates of Benefits and Allowances) Order 2000 achieves the first step.
The Government intends to immediately request the Governor-General to sign the second Order in Council.
This Order is planned for publication on 4 April 2000.
The rates set out in the second Order will take effect on and from 1 April 2000.
STEVE MAHAREY, Minister of Social Services and Employment.