March 01, 2021
Wage link means bigger benefit increase
Benefits are set to increase by 3.1 percent on April 1.
Social Development and Employment Minister Carmel Sepuloni says it’s the second annual adjustment based on increases in the average wage, in line with a change in Budget 1919.
She says linking benefits to wages is fairer on low income families and helps reduce poverty.
The increase is more than twice what could have been expected using the old Consumer Price Index measure, and means a couple with children could get $13.24 more Jobseeker Support a week.
The increase will affect around 385,000 families and individuals.
The 830,000 New Zealanders receiving Superannuation will also receive the same 3.1 percent increase on 1 April.
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