Weekly Income Compensation is paid every:
- two weeks within NZ, and
- four weeks outside of NZ.
Payments are based on 80% of the average wage in NZ on 1 April each year. We deduct:
- income tax — if you receive a back payment to cover previous years, this will be taxed as income in the tax year that you receive the payment
- ACC payments
- Child Support
- Student Loan
- NZ Superannuation
- civil orders.
Payments are also reduced for any part-time earnings.
Weekly Income Compensation payment rates
If you are a contributor to KiwiSaver we encourage you to take appropriate advice from your KiwiSaver provider or Inland Revenue on how to handle contributions while receiving Weekly Income Compensation or Weekly Compensation. You can arrange your own contributions or take a KiwiSaver holiday.
Recipients of Weekly Income Compensation may also be eligible to receive a Community Services Card.
Information on the Community Services Card on the Work and Income site(external link)
Getting ACC, social welfare or the Veteran's Pension
While receiving Weekly Income Compensation you can't get a Veteran's Pension.
If you’re on ACC income-replacement, Weekly Income Compensation is paid only as a top-up to meet what you’d get from Weekly Income Compensation alone.
If you’re declined by ACC, you may still qualify for Weekly Income Compensation.
While on Weekly Income Compensation, you can’t get social welfare benefits. This includes Accommodation Supplement, Disability Allowance, Child Disability Allowance, and Childcare Assistance.