September 2026 update

Bonus payments get a cash-asset exemption

A cash-asset exemption changes for bonus payments under social security rules.

Social Security (Cash Asset Exemption—Bonus Payments) Amendment Regulations 2026

What's changing

Who's affected

People who receive a Bonus Payment Programme lump-sum payment and whose assistance eligibility depends on the accommodation supplement cash-asset test may be affected.

When

The changes come into force on 20 October 2026.

Background

The government says the changes are intended to ensure these lump-sum payments do not count as cash assets for the first 12 months. They also update references to reflect the 2025 changes to the Social Security Act.

Read the official text on legislation.govt.nz