Finance

Most people aged 65 and over qualify for either Superannuation or the Veterans Pension. If you're single and living alone, you can expect to receive $554.12 a fortnight before tax. Couples receive $511.40 per person a fortnight before tax.

If someone over 65 has a spouse or a partner who is under 65, the younger person can also get Superannuation. But it'll be income-tested. The maximum amount you'll get if one partner is under 65 is $486.56 each per fortnight (before tax).

Older people may be entitled to extra financial support from Work and Income - these extras are income-tested and asset-tested.

• An Accommodation Supplement can help with mortgage payments, rent, board and other essential housing expenses. This is a non-taxable benefit.
  
  
• A one-off Special Needs Grant is available for emergency needs (food, medical treatment, or dental treatment). Your need must be urgent and you must have no other way of paying for what you need.
  
  
• Advance Payments have to be paid back, but they provide for essential items or services that people need immediately. They can be used for bedding, rent, or housing modifications.
  
  
• Temporary Additional Support can help pay for essential items. It's a temporary measure to help you out while you're-organising your finances.

Local councils operate a Rates Rebate Scheme, with a rebate of up to $500. The scheme's designed for low-income homeowners - and many people who live on Superannuation could be eligible.

Some councils also offer "rates postponement", which allows ratepayers to defer paying their annual rates until a future date. Ask your council if they have such a scheme, and what its rules are.

Resources

• Financial support www.workandincome.govt.nz
• Rates Rebate Scheme www.dia.govt.nz/ratesrebates .