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Browse the 1966 Encyclopaedia of New Zealand
Graphic: An Encyclopaedia of New Zealand 1966.


This information was published in 1966 in An Encyclopaedia of New Zealand, edited by A. H. McLintock. It has not been corrected and will not be updated.

Up-to-date information can be found elsewhere in Te Ara.



Economic Pension

An economic pension is a supplementary pension granted in addition to a disablement pension if the Board is of the opinion that the disability suffered is such that it is difficult for the pensioner to obtain or retain suitable employment. A member pensioned for minor disablement does not receive economic pension.

All income above £4 a week received by a pensioner (husband and wife if married) and other factors of economic significance are taken into account. In addition, the personal earnings of a disablement pensioner are disregarded in the assessment of an economic pension to an amount equivalent to that by which the disablement pension he receives is less than the amount of pension for total disablement, and the personal earnings of a member pensioned for total blindness are disregarded altogether. Up to 30s. a week of the personal earnings of women from certain domestic or nursing employment is disregarded, and up to 20s. a week received as sick benefit from a friendly society or as a like benefit from any other source is also disregarded.

Next Part: Dependants