New Super. rates
PA ' Wellington s Notice that National .Superannuation rates will rise 5.9 per cent from March 23 was officially gazetted jesterday... * The new rates mean that a parried couple will receive a . cash-in-hand increase of: $8.12' a week, giving them a combined - total of $146.08 softer tax. - • « Single su’perannuitants |axed at the primary rate receive a net increase of $4.86, giving them a net benefit of $87.62. .. 2 The benefit of married couples taxed on the secondIry rate, of whom there are about 100,000 will rise to $110.98, and single superannuitants on the secondary rate will get $66.59. *’The Prime Minister (Mr Muldoon) confirmed on Thursday that widely discussed proposed changes in Rational Superannuation would not take place until budget time, if at all.
i Labour’s spokesman on Social Welfare, Mr G. W. R. Palmer, predicted that a special tax table would be drawn up for superannuitants.
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Press, 13 March 1982, Page 6
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149New Super. rates Press, 13 March 1982, Page 6
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