NZ Superannuation Dates March 2024: New Payment Dates and Superannuation Amount
March 2024 NZ Superannuation Update: New Payment Schedule and Amounts
NZ Superannuation Dates March 2024
In New Zealand, Superannuation is a savings fund accessible after retirement, with rules on age, contributions, and more. Unlike Australia, enrollment is not mandatory, but opting out is easy with the KS10 form. To maximize benefits, members can choose the Super Card for direct weekly income and withdrawals at ATMs once eligible, provided by MSD.
NZ Superannuation New Payment Dates 2024
The money in your Super account is off-limits until retirement or the preservation age. Exceptions exist for early access due to financial hardships or compassionate reasons, but specific requirements must be met.
Starting in 2024, pension payments will be credited every second Tuesday of the month. For example, if the second Saturday falls on the 9th of March, the payment will be processed on that specified date. No payments, including benefits, will be made on public holidays; instead, they will be credited on the following working day.
How to Start NZ Superannuation?