New Zealand Superannuation

New Zealand Superannuation, often called the Super, is a government-funded pension available to residents aged 65 and over, provided they meet residency requirements. It offers a weekly income to help with living costs in retirement, regardless of income or assets. Funded through taxes, it aims to provide financial support for older adults, ensuring a basic standard of living. The amount received depends on factors like residency status, income, and assets. It is designed as a universal benefit to support the well-being of seniors, promoting social security and independence in later years.