Notice Title

Notice of New Rates for Entitlements Under the Veterans’ Support Act 2014

Publication Date
26 Mar 2015

Tags

Veterans’ Support Act Rates for entitlements Veterans' Affairs New Zealand

Notice Number

2015-go1771

Page Number

2515

Issue Number

32
Title
View PDF
File Type and Size
PDF (37 KB)

Pursuant to sections 30, 31 and 170 of the Veterans’ Support Act 2014, the Veterans’ Support Amendment Regulations 2015 and the Veterans Support (War Pension Rates) Order 2015, the following are the new rates for entitlements under the Veterans’ Support Act 2014 from 1 April 2015.

Grand-Parented Entitlements

War Disablement Pensions: Weekly Rates From 1 April 2015

1. Ordinary Rates

Disablement (%) Weekly Rate ($)
5 10.90
10 21.81
15 32.71
20 43.61
25 54.52
30 65.42
35 76.32
40 87.22
45 98.13
50 109.03
55 119.93
60 130.84
65 141.74
70 152.64
75 163.55
80 174.45
85 185.35
90 196.25
95 207.16
100 218.06


2. Rates for Those With Severe Disablement

Disablement (%) Weekly Rate ($)
105 228.96
110 239.86
115 250.76
120 261.67
125 272.57
130 283.47
135 294.38
140 305.28
145 316.18
150 327.08
155 337.99
160 348.89


3. Rates for Those With Severe Disablement: Aged 60 Years and Over

Disablement (%) Weekly Rate ($)
105 251.86
110 263.85
115 275.84
120 287.84
125 299.83
130 311.82
135 323.82
140 335.81
145 347.80
150 359.79
155 371.79
160 383.78

Note: War Pensions are not subject to income tax. Those with severe disablement aged 60 years and over receive an additional 10% of their pension.

Other War Pensions and Allowances From 1 April 2015

1. Weekly Rates

  Weekly Rate ($)
Clothing Allowance  
Loss of two limbs or parts 23.16
Loss of leg or part 22.34
Loss of arm or part 16.19
Use of mechanical appliance (maximum) 16.19
Soiling of Clothing 16.19
Surviving Spouse Pension 160.86
Attendants Allowance (maximum) 384.63
Travelling Allowance 25.13
Allowance for Decorations 31.30


2. Annual Rates

  Annual Rate ($)
Annuity to Victoria Cross Holders 2189.38

 

Scheme One Entitlements

1. Disablement Pension From 1 April 2015

Impairment Rating (%) Weekly Rate ($)
5–7 10.91
812 21.81
1317 32.71
1822 43.61
2325 54.52
2630 65.42
3132 76.32
3337 87.22
3841 98.13
4247 109.03
4849 119.93
50 130.83
51 141.74
5254 152.64
5557 163.54
5861 174.45
6266 185.35
67 196.26
6874 207.15
75 218.06
76 228.96
77 239.87
78 250.76
79 261.67
80 272.57
81 294.37
82 316.18
83 337.98
84 359.80
85100 383.78


2. Weekly Pensions and Allowances

  Weekly Rate ($)
Surviving Spouse or Partner Pension 160.86
Dependant’s Pension 160.86
Children's Pension 172.25
Weekly Income Compensation 862.00
Battery Allowance  
Monaural 1.06
Binaural 2.14


3. Annual Allowances and Grants

  Annual Rate ($)
Children’s Bursary (Orphans and Children of Veteran's Pension)  
Full Time Year 9–13 910.37
Full-time Tertiary 1,080.26
Part-time Tertiary 455.13
Children’s Bursary (Other Children)  
Full Time Year 913 455.15
Full-time Tertiary 540.10
Part-time Tertiary 227.56
Retirement Lump Sum 33,250.80
Asset Threshold for Couple (excluding house or vehicle) 302,280.00
Asset Threshold for Single or Couple (including house or vehicle) 503,800.00
Motor Vehicle Grant  
Total Lower Body Impairment 18,675.49
Severe Lower Body Impairment 8,404.52
Motor Vehicle Fitting Grant 3,015.30
Funeral Expenses 2,455.42
Transportation of body within same locality 653.32
Transportation of body to a different locality 1,306.63


Veteran’s Pension

Pension type Net weekly rate ($)
(after tax at “M”)
Net weekly rate ($)
(after tax at “S”)
Gross weekly rate ($)
Standard rates      
Single, living alone 374.53 355.68 431.10
Single, sharing 345.72 326.87 396.17
Married, civil union, or de facto couple, both qualify (total) 576.20 538.50 652.60
Married, civil union, or de facto couple, both qualify (each) 288.10 269.25 326.30
Married, civil union, or de facto couple, with non-qualified spouse included (total) 547.64 509.94 618.08
Married, civil union, or de facto couple, with non-qualified spouse included (each) 273.82 254.97 309.04
Non-standard rates      
Married couple, with non-qualified spouse included before 1 October 1991 (total) 576.20 538.50 652.60
Married couple, with non-qualified spouse included before 1 October 1991 (each) 288.10 269.25 326.30
Qualified partner in rest home with non-qualified partner in the community 262.64 243.79 295.41
Hospital rate* 43.45 N/A 48.49

* This rate is always taxed at “M”.

Dated at Wellington this 18th day of March 2015.

J. COUCHMAN, General Manager of Veterans’ Affairs New Zealand.