Topic

Savings and retirement

This page contains different parts of laws about Savings and retirement, within the topic of Money and consumer rights.

Important laws about Savings and retirement

Court Martial Act 2007

When Court Martial Judges have to retire because of their age

19: Age of retirement

Telecommunications Act 2001

Protection for Telecom workers in the Government Superannuation Fund

69XL: Protection of existing members of Government Superannuation Fund

Independent Police Conduct Authority Act 1988

Money for retirement for Authority members

11: Superannuation or retiring allowances

Independent Police Conduct Authority Act 1988

How the Authority's money was invested

11D: Investment of money

Oranga Tamariki Act 1989

People looking after you can control your money while you're in their care.

390: Power to control finances of young persons under guardianship or in custody

Oranga Tamariki Act 1989

Money for workers when they retire or stop working

419: Superannuation or retiring allowances

Income Tax Act 2007

Rules for deducting tax from different types of income and benefits

BE 1: Withholding liabilities

Income Tax Act 2007

How regular payments from annuities are treated as income

CC 5: Annuities

Income Tax Act 2007

How superannuation schemes are treated when they become superannuation funds

CD 12: Superannuation schemes entering trust rules

Income Tax Act 2007

Employers may need to pay tax on money recovered from employee superannuation schemes

CG 5: Recoveries or receipts by employers from superannuation schemes

Income Tax Act 2007

Hardship withdrawals from retirement savings are no longer covered by this section

CS 3: Exclusion of withdrawal on grounds of hardship

Income Tax Act 2007

Withdrawals from retirement funds for relationship property division are no longer covered by this rule

CS 4: Exclusion of withdrawal to settle division of relationship property

More laws about Savings and retirement

About this project

What is this project?

This project is an experiment to take difficult language, and make it easier to read and understand for everyone.

How do we do this?

What's our process for taking the law and turning it into plain language?

Why is the law written like it is?

Laws are often hard to read. They use a lot of words and language we don't usually use when we talk.

Should we use AI for this?

What are the good and bad sides of using AI?

Is this information the actual law?

We hope that this information will help people understand New Zealand laws. But we think that it's important you talk to someone who understands the law well if you have questions or are worried about something.

You can talk to Community Law or Citizen's Advice Bureau about your rights.

Remember that AI can make mistakes, and just reading the law isn't enough to understand how it could be used in court.