Thread: Pensions from back home.
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Old 20-10-2007, 05:13 PM
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Question
Quote:
Originally Posted by MotherBear View Post
In NZ a pension is referred to as superannuation, so I was wondering if it was included in that. I just didn't understand the NZ Foreign Investment Fund bit.
Have to be 10 years resident in nz and five of those must be after 50 years old to get nz pension. But in any case one can have their home pension sent to them in nz. if your not 65 when you get their and not enough credits up , one can pay addition credits to qualify for full pension. Which means if both partners were eligable to claim pension from back home, it would be hefty enough when currency taken into account, even after 19.5% stoppage tax in nz. P/S i am still trying to get an answer on this new tax law. Emailed work and income and goverment dept. to get to the bottom of it. because that woul make a big difference. Will post when i find out.
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