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kiwiliz
Joined: 20 Apr 2006
Location: New Zealand
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 Posted: Mon Sep 07, 2009 3:05 pm Post subject: Any update on NZ and the Pension? |
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Many months back on here someone someone said that NZ was in talks with Sth Korea on the Pension, among other things.
Does anyone know what the state of play is now? |
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halfmanhalfbiscuit
Joined: 13 Oct 2007
Location: Seoul
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| Posted: Mon Sep 07, 2009 3:29 pm Post subject: |
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| I checked a few months ago and it hadn't been ratified. I believe it was "in the works". Australians could get their refunds from mid-2008? |
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techno_the_cat
Joined: 30 Aug 2006
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| Posted: Mon Sep 07, 2009 3:57 pm Post subject: |
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Yep, we (Oz) started getting ours from October last year but it was in the pipes for quite a while. It took over a year just to get ratified.
I wouldn't pin my hopes on it getting rushed through.
The good news is that when it does get approved you can apply for it in your home country (well that was the case for us).
Hope that helps you,
Techno. |
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halfmanhalfbiscuit
Joined: 13 Oct 2007
Location: Seoul
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| Posted: Mon Sep 07, 2009 3:58 pm Post subject: |
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| Out of curiosity-had it accrued any interest? |
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kiwiliz
Joined: 20 Apr 2006
Location: New Zealand
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| Posted: Mon Sep 07, 2009 5:45 pm Post subject: |
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| do you know, if it come through, well do the Aussies have to still be here to claim it? |
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blackjack
Joined: 04 Jan 2006
Location: anyang
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| Posted: Mon Sep 07, 2009 5:52 pm Post subject: |
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| kiwiliz wrote: |
| do you know, if it come through, well do the Aussies have to still be here to claim it? |
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Yep, we (Oz) started getting ours from October last year but it was in the pipes for quite a while. It took over a year just to get ratified.
I wouldn't pin my hopes on it getting rushed through.
The good news is that when it does get approved you can apply for it in your home country (well that was the case for us).
Hope that helps you,
Techno. |
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kiwiliz
Joined: 20 Apr 2006
Location: New Zealand
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| Posted: Mon Sep 07, 2009 6:34 pm Post subject: |
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oops..sorry and thanks, was reading quickly between classes.
That is good and I hope it works that way for us Kiwi's too. It is building to be substantial....and I want it!
But don't want to stay past this contract! |
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DaffyD73
Joined: 28 Nov 2007
Location: Planet Earth on the left
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| Posted: Mon Sep 07, 2009 7:45 pm Post subject: |
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| kiwiliz wrote: |
oops..sorry and thanks, was reading quickly between classes.
That is good and I hope it works that way for us Kiwi's too. It is building to be substantial....and I want it!
But don't want to stay past this contract! |
I had a look at the pension site for news and took a look at the aussie deal about 1 month ago. I'm testing my memory here but i think i saw something regarding 5 years. I took it to mean as long as the deal is in place before the last time you paid into the pension ( under 5 years)then you can apply for the lump sum payment. don't quote me just go to NPS site and see what you think. |
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Rusty Shackleford
Joined: 08 May 2008
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| Posted: Mon Sep 07, 2009 8:14 pm Post subject: |
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| Hmmm, I'm half Aussie (half NZer). Do you think there is a way to rangle it so I can get my refund? Probably goes by your passport though. |
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