Re: Retirement
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I semi retired 2021. We came over from Nz so have under average super balance.
I get a govco pension from Nz and Aus about half half. But the amount I get as a total is controlled by Centrelink. Wife works and if she gets back pay holiday pay etc my pension might get zeroed. I never know what to expect as Centrelink told Nz to cut me back by 80 per cent two days before Xmas. Then on the 3 Jan Centrelink dropped 962$ in my ac with the notion Nz arrears. Go figure. Haven’t touched it assume it’s a balls up.
Then three weeks into January Nz put their bit up to what it was previously.
It’s about $210 a week at the moment total from the two govts.
I do a bit of gig delivery work net about $150 a week. And pull $220 fortnight as a pension from my super fund.
I also do two days a week volunteer driving for free note I can take breaks whenever I like from this.
My wife gets super ****ed when my pensions get cut or zero
Being kiwis we know in Nz you get full
Pension at 65 no income test no asset test.
I just live with the Aus system. By the way $419000 of assets out side your family home is the number that Clink start reducing your pension.
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