Table 1

Purpose, components, eligibility and level of payments available for New Zealanders by income source

Income sourcePayment purposeEligibilityLevel of payment in 2009 ($NZ per week before tax)
Work income
 Wages/SalaryPayment for employment.Registered to pay income taxation.Varies according to employment agreement. Median weekly wage and salary income was $760.
 Withholding paymentPayment for atypical employment arrangements, that is, director fees, contractor payments, proceeds of sales.Registered to pay income taxation.Varies according to employment agreement.
Accident Compensation Corporation (ACC)
 ACC benefitPayment for income lost due to incapacity due to injury.Universal no-fault coverage of healthcare, compensation and rehabilitation costs regardless of injury setting.Covers 80% of preinjury wages/salary to a weekly maximum of $1638.
Other (non-ACC) benefit
 Income replacement benefitsIncome support for those unemployed or ill.If seeking employment or during a work absence due to illness and aged between 18 and 65 years.Depends on circumstance, for example, $218 (single, no children) to $316 (single with children) + additional supplements.
 Student allowanceIncome support for those engaged in tertiary-level training.Undertaking approved course over 1 year in length and aged between 18 and 65 years.Depends on circumstance, for example, $210 (single, no children, not living with parent) to $316 (single with children).
 Paid parental leaveTime-limited income support for primary carers.Employed or self-employed (working on average >10 hours/week) primary carers of child under 6 years of age.100% of weekly wage up to $475. Time limited to 18 weeks.
Pension
 Superannuation benefit (NZ Super)Income support for retirement from workforce.Universal payment for NZ residents/citizens ≥65 years of age. Able to receive NZ Super while still employed.$274 (per person for couples) to $365 (single person living alone); set at 66% of national average wage.
  • NZ, New Zealand.