№ lp_2_3_52265
Cabinet paper outlining proposed adjustments to main benefit rates and related assistance measures in response to inflation exceeding wage growth in 2022, including changes to thresholds and supplementary supports within New Zealand’s social security system.
Year: 2023
Country: New Zealand
Government: New Zealand Government
Committee: Cabinet Social Wellbeing Committee
Responsible Minister: Minister for Social Development and Employment
Document Type: Cabinet paper
Subject: Welfare assistance and benefit rate adjustments
Policy Area: Social security and income support
Implementation Date: 1 April 2023
Legislation Referenced: Social Security Act 2018
Target Population: Low-income individuals and families receiving main benefits
Programs Referenced: Jobseeker Support, Supported Living Payment, Sole Parent Support, Youth Payment, Young Parent Payment, New Zealand Superannuation, Veteran’s Pension, Blind Subsidy, Minimum Family Tax Credit, Working for Families
Financial Measure: One-off increase to main benefit rates aligned with CPI and additional $3 million funding for Building Financial Capability services
Statistical Reference Period: Year to December 2022
Price: 8 / 10 USD
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