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Home / News and events / Latest news and articles / The Veteran's Pension payment rate is increasing on April 1 /

The Veteran's Pension payment rate is increasing on April 1

The Veteran's Pension payment rate is increasing on April 1

From 1 April 2023, the Veterans' Pension payment rate will increase. 

Any changes to your pension from 1 April will be calculated automatically.

Weekly gross rates

Single living alone rate $578.67
Single sharing accommodation rate $532.43
Relationship rate $439.79
Relationship (partner not receiving superannuation or pension) $834.08
Relationship (partner not receiving superannuation or pension) legacy rate $879.58

The weekly rates for the Veteran's Pension are shown as gross amounts, in New Zealand Dollars. The exact payment you receive will depend on your own tax circumstances.

Lump sums

Lump Sum Payment on death of veteran $7,085.77
If veteran was, before 1 April 1990, receiving a war veteran’s allowance under the War Pension’s Act 1954 $17,866.20
Lump Sum Payment on death of spouse or partner of veteran $5,403.11

More information

The Veterans' Pension is handled by Work and Income, not Veterans' Affairs. If you have any questions, contact the Veterans’ Pension Centre.

Contact the Veterans' Pension Centre(external link)

More information from Work and Income about the Veteran's Pension(external link)

Date

15 March 2023

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Last Modified: 15 March 2023
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