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Business and employment › Employment and skills › Discussion document: NZ Income Insurance Scheme summary ... › Our proposals at a glance

NZIIS Our proposals at a glance

A summary of the proposals in the New Zealand income insurance scheme.

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  • Broad coverage for different working arrangements
  • Coverage for job losses due to redundancy, layoffs and health conditions and disabilities
  • A four-week notice period and four-week payment, at 80% of salary, from employers
  • A further six months of financial support from the scheme, at 80% of wages or a salary
  • Option to extend support for up to 12 months for training and rehabilitation
  • A case management service to support people’s return to work
  • Administered by ACC
  • Funded by levies on wages and salaries, with both workers and employers paying an estimated 1.39% each
  • Workers eligible after six months of levy contributions in the previous 18 months

< Introduction | Most workers will be covered by income insurance >

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https://www.mbie.govt.nz/business-and-employment/employment-and-skills/nziis-summary/our-proposals-at-a-glance
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