Finance

NZ Super Payment Dates In February 2025 – Check Payment Amount & Eligibility Criteria

NZ Super Payment Dates in February 2025: Learn everything about the payment schedule, eligibility criteria, and payment amounts for New Zealand Superannuation. Check your fortnightly payment dates, tax rates, and application process.

By Anjali Tamta
Published on
NZ Super Payment Dates In February 2025
NZ Super Payment Dates In February 2025

NZ Super Payment Dates In February: New Zealand Superannuation (NZ Super) is a government-funded pension scheme that provides financial support for Kiwis aged 65 and above. If you are receiving NZ Super or planning to apply for it, knowing the payment dates, amounts, and eligibility criteria is crucial.

This article covers everything you need to know about NZ Super Payment Dates in February 2025, including how much you can expect to receive, who qualifies, and other important details to ensure you stay informed.

NZ Super Payment Dates In February

TopicDetails
Payment Dates (February 2025)11 February 2025, 25 February 2025
Single Living Alone (After Tax)$1,038.94 (fortnightly)
Single Sharing Accommodation$959.02 (fortnightly)
Couple (Both Qualify)$1,598.36 ($799.18 each)
Eligibility Age65 years and above
Residency Requirement10 years in NZ since turning 20, including 5 years after turning 50
Official WebsiteWork and Income NZ

NZ Super provides financial stability for retirees in New Zealand. If you qualify, ensure that you apply on time and stay updated on payment dates and eligibility requirements. The next NZ Super payment dates in February 2025 are Tuesday, 11 February and Tuesday, 25 February.

NZ Super Payment Dates in February 2025

NZ Super is paid fortnightly on Tuesdays. In February 2025, the payment dates are:

  • Tuesday, 11 February 2025
  • Tuesday, 25 February 2025

Your payment should arrive in your nominated bank account by the end of the day on these dates. If your payment is delayed, check with your bank or contact Work and Income NZ.

How Much Will You Receive?

The amount you receive from NZ Super depends on your living situation and the tax code applied to your payments. Below are the fortnightly payment rates (after tax, M code) from 1 April 2024 to 31 March 2025:

Single Living Alone

  • $1,038.94 per fortnight

Single Sharing Accommodation

  • $959.02 per fortnight

Couple (Both Qualify)

  • $1,598.36 per fortnight ($799.18 each)

These rates are subject to periodic adjustments, usually announced during the New Zealand Government’s Budget updates.

Who Is Eligible for NZ Super?

To receive NZ Super, you must meet the following eligibility criteria:

1. Age Requirement

  • You must be 65 years or older to qualify.

2. Residency Requirements

  • You must be a New Zealand citizen or permanent resident.
  • You must have lived in New Zealand for at least 10 years since turning 20.
  • At least 5 of those years must be after turning 50.

Note: From 1 July 2024, the residency requirement will gradually increase, reaching 20 years by 2042.

3. Living in New Zealand

  • You must be living in New Zealand when you apply.

NZ Super Payment Dates In February Apply for NZ Super

If you are turning 65 soon, you should apply for NZ Super 12 weeks before your birthday. Here’s how:

  • Check Your Eligibility: Use the official NZ Super Eligibility Checker to confirm your eligibility.
  • Gather Required Documents: You’ll need,
    • Proof of identity (passport or birth certificate)
    • Proof of residence (utility bills, bank statements)
    • Your IRD number (for tax purposes)
  • Apply Online or In Person:
    • Visit the Work and Income NZ website to apply online.
    • Alternatively, visit your nearest Work and Income office for assistance.
  • Wait for Approval: Once your application is processed, you will receive confirmation of your payment start date and amount.

FAQs On NZ Super Payment Dates In February

1. What happens if I live overseas?

  • You may still qualify for NZ Super if you’ve lived and worked in countries with social security agreements with New Zealand, such as Australia and the UK. Visit the NZ Super Overseas page for more details.

2. Can I receive NZ Super while still working?

  • Yes, NZ Super is not income-tested, meaning you can continue working and earning while receiving payments.

3. Will my NZ Super increase in 2025?

  • NZ Super is reviewed annually, typically adjusted in April. Keep an eye on official government announcements.

4. How is tax deducted from NZ Super?

  • Payments are taxed based on your tax code. The most common tax code is “M”, but if you have other income sources, a different rate may apply.

5. What if I miss a payment?

  • If you do not receive your NZ Super payment, check with your bank first. If the issue persists, contact Work and Income NZ.
Author
Anjali Tamta
Hey there! I'm Anjali Tamta, hailing from the beautiful city of Dehradun. Writing and sharing knowledge are my passions. Through my contributions, I aim to provide valuable insights and information to our audience. Stay tuned as I continue to bring my expertise to our platform, enriching our content with my love for writing and sharing knowledge. I invite you to delve deeper into my articles. Follow me on Instagram for more insights and updates. Looking forward to sharing more with you!

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