New Zealand. ‘Evil’ spousal deduction policy affecting pensions to be abolished
The Government is overturning a controversial policy from the 1960s that allows people’s pensions to be reduced if their partner also receives a pension from overseas.
Under the Social Security Act 1964, if someone receives a higher pension from overseas, their own New Zealand pension will first be deducted, and then the balance is also taken from their partner in a process called spousal deduction.
This sometimes leaves people with no pension money at all, while their partner holds all the finances in the relationship.
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