New Zealand Superannuation (NZ Super) remains a vital source of income for eligible residents aged 65 and older.
As the cost of living continues to rise, the government has updated both the payment schedule and benefit amounts for May and June 2025. These updates aim to help seniors plan ahead and manage their finances efficiently.
NZ Super Payment Dates for May–June 2025
Payments are made on a fortnightly basis, typically on Tuesdays, but they may vary slightly depending on when your birthdate falls and if public holidays are involved.
Here is the full May–June 2025 NZ Super payment schedule:
| Month | Payment Dates |
|---|---|
| May 2025 | 6 May, 20 May |
| June 2025 | 3 June, 17 June |
If a payment date falls on a public holiday, the payment may be made earlier. Beneficiaries are advised to check their MyMSD portal or payment notifications.
Updated NZ Super Payment Amounts (From April 2025)
The government has increased NZ Superannuation amounts to adjust for inflation and increased living expenses. These updated rates are based on the M tax code and are fortnightly payments:
| Living Arrangement | Fortnightly Payment |
|---|---|
| Single, living alone | NZD 1,076.84 |
| Single, sharing accommodation | NZD 994.00 |
| Married or de facto couple (both qualify) | NZD 828.34 each |
| Married or de facto couple (only one qualifies) | NZD 828.34 total |
These updated NZ Super payments are automatically deposited into the recipient’s registered bank account.
Who Qualifies for NZ Super in 2025?
To receive NZ Super, the following criteria must be met:
- You must be 65 years or older.
- You must be a New Zealand citizen or permanent resident.
- You must have lived in New Zealand for at least 10 years since age 20, including 5 years after age 50.
- Short overseas travel generally does not impact eligibility unless it exceeds allowed limits.
Regional Supplement Enhancements
Starting 2025, the NZ government has also included a Regional Living Supplement in some high-cost areas like Auckland, Queenstown, and Wellington. The supplement can add an extra NZD 35 to NZD 70 fortnightly depending on your housing status.
Overseas Pension Rule Changes
From 2025 onwards, only 70% of your overseas pension income will be deducted from your NZ Super. This change benefits retirees who have paid into foreign pension schemes such as those in Australia, the UK, or Canada, ensuring they retain more of their NZ Super.
Digital Management Through MyMSD
Recipients are encouraged to use the MyMSD portal to:
- View upcoming payment dates.
- Update bank and contact details.
- Check total amount received (including any supplements).
- Submit forms or changes directly online.
The platform has been enhanced to support easier navigation, better tracking, and quicker resolution for issues related to NZ Super payments.
Tax Implications
Your tax code can impact how much you receive. While most people use the M tax code, if you are earning additional income, different tax codes might apply. This may reduce the net NZ Super amount you receive, so updating your details with Inland Revenue is important.
What to Do If Payment Is Missed
If you do not receive your NZ Super on the expected date:
- Double-check your bank account details in MyMSD.
- Look for notifications in your inbox or phone if you’ve signed up for alerts.
- Contact the NZ Super helpline if your account hasn’t been credited within 24 hours of the expected date.
The NZ Super payment updates for May–June 2025 provide timely assistance to seniors amidst increasing financial demands. With revised amounts, additional supplements for high-cost regions, and digital enhancements, the system is more responsive and accessible than ever.
Recipients are advised to stay updated with their payment schedules and verify their details to ensure smooth transactions.
These proactive improvements reflect the government’s ongoing commitment to securing financial well-being for retirees across New Zealand.
FAQs
When will I get my NZ Super payment in May 2025?
Payments will be made on 6 May and 20 May 2025, depending on your specific pay cycle and birth month.
How much will single individuals receive after the April 2025 adjustment?
If living alone, single individuals will receive NZD 1,076.84 fortnightly under the updated 2025 rates.
How can I update my payment information?
You can update your bank account or contact details through the MyMSD portal or by calling the NZ Super helpline.