To ease the cost of living, we’re putting more money into the pockets of older Kiwis.
Superannuation boost of $52 a fortnight for single people and $80 for couples
People on Superannuation will see their incomes lift by $52 a fortnight for a single person and $80 for a couple from 1 April. Then, from 1 May, the Winter Energy Payment will kick in again, providing help with heating costs through the colder months.
This Superannuation increase is part of a suite of changes coming into force on 1 April that will see many New Zealanders better off.
The rising cost of living, driven by worldwide inflation and the war in Ukraine, is making things tough for a lot of Kiwis right now. While there’s no easy fix, we’re taking a range of actions to ease the pressure – and our 1 April changes are the next step.
Our boost for Superannuation is just the latest initiative in our work to support older Kiwis.
We’ve made doctors’ visits cheaper for hundreds of thousands of New Zealanders. We’re taking steps to improve cancer care and outcomes, and we’re reforming our health system to ensure more Kiwis can get the care they need. We believe your home shouldn’t make you sick, so we’re working to ensure more people have a warm, dry place to live. We’ve also upgraded the Super Gold card and appointed New Zealand’s first ever Aged Care Commissioner.
You can read more about these initiatives, and other ways we’re looking out for seniors, here.