Financial And Welfare Assistance For NZ Residents

One of the advantages of being a New Zealand resident is that you have access to a sound public welfare system that can provide you with comprehensive support in a range of situations. This is one of the reasons why New Zealand has become a popular destination among people looking to move internationally. If you have been living in NZ for at least two years, here are some of the benefits the country’s welfare system can provide you with.

Redundancy, illness, accident

If you’re unable to support yourself because you have been laid off, made redundant, or can’t work due to an illness, you may qualify for Jobseeker Support. But before you can qualify, you must have lived in the country for at least two years at any one time since becoming a citizen or resident. And once you qualify, you’ll also receive a Community Services Card that will help you pay for the cost of prescription and seeking medical attention.

Pension for the elderly

NZ Superannuation is intended for the elderly. It supports a basic standard of living in retirement. The NZ Super works in conjunction with “Kiwisaver.” Under this system, a certain amount of money is taken out of your pay, which is then matched by your employer and topped up with a one-off “kick start” plus an annual bonus from the government. The money is invested for you by approved “Kiwisaver providers” until you’re able to access your pension at age 65.

Aside from NZ Super, residents over the age of 65 will also receive a SuperGold card. The SuperGold gives the card bearer discounts and special offers from various businesses and government concessions. It also gives them access to discounted services from their local council.

Community Services card

The Community Services card is given to citizens on low incomes. This provides them with higher government subsidies on the cost of visits to a GP and buying prescription items. It can also be used to obtain other health services from public hospitals. In case you don’t qualify for a Community Services car, you can get a High Use Health Card instead to help with the costs.

Paid Leaves for new parents

New mothers can get up to 14 continuous weeks of paid maternity leave and additional 38 weeks of unpaid leave, as long as they have been working 10 or more hours per week for the last six months. Partners may get one or two weeks of leave depending on how long they’ve been employed.