Yes, NZ pays a non-means tested universal pension.
But it forms part of the individual's taxable income, unlike here where it is tax free.
NZ are more smart than Australia when it comes to working out the most efficient way to do things.
Thanks Enn for that information.
I always wonder why that wasn't done here.
It would be a lot simpler, less Public Servants to implement it.
Old age pension should not be discriminated.
Old Age is old age pension whether wealth or poor, and Taxman will sort it out the difference.
It would encourage older people to do part time work without fear of losing their pension.
cheers,
syp
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