Part 3 - Details for Benefits and Other Unrequited Expenses
Part 3.2 - Non-Departmental Benefits and Other Unrequited Expenses
Veterans' Pension (M75)
Scope of Appropriation
Provision of income support for ex-service people who served in a declared war or emergency and who have either reached the qualifying age for New Zealand Superannuation and are on a 70% (or greater) War Disablement Pension, or are prevented from undertaking employment for a substantial period due to disability and who fulfill the New Zealand citizenship and residency requirements as set out in the War Pensions Act 1954.
Reasons for Change in Appropriation
This appropriation will decrease by $1.644 million to $177.104 million in 2011/12. This primarily reflects fewer than expected recipients of Veterans' Pension. Also contributing to the fall was a lower than expected annual indexation adjustment in April 2012 and fewer than expected Lump Sum Payments After Death.
