If a person who is ordinarily resident in the Netherlands is entitled to receive New Zealand superannuation or a veteran's pension under Article 6, the amount of that benefit shall be calculated in accordance with the following formula: number of whole months residence in New Zealand/Y x maximum benefit rate
where ``Y" equals:
480 if the person was born before 1 April 1932;
492 if the person was born between 1 April 1932 and 30 June 1932;
495 if the person was born between 1 July 1932 and 30 September 1932;
498 if the person was born between 1 October 1932 and 31 December 1932;
501 if the person was born between 1 January 1933 and 31 March 1933;
504 if the person was born between 1 April 1933 and 30 June 1933;
507 if the person was born between 1 July 1933 and 30 September 1933;
510 if the person was born between 1 October 1933 and 31 December 1933;
513 if the person was born between 1 January 1934 and 31 March 1934;
516 if the person was born between 1 April 1934 and 30 June 1934;
519 if the person was born between 1 July 1934 and 30 September 1934;
522 if the person was born between 1 October 1934 and 30 December 1934;
525 if the person was born between 1 January 1935 and 31 March 1935;
528 if the person was born between 1 April 1935 and 30 June 1935;
531 if the person was born between 1 July 1935 and 30 September 1935;
534 if the person was born between 1 October 1935 and 31 December 1935;
537 if the person was born between 1 January 1936 and 31 March 1936;
540 if the person was born after 31 March 1936;
subject to the following provisions:
- a)in determining the number of whole months residence in New Zealand, only residence after attaining the age of 20 years shall be taken into account;
- b)all periods of residence in New Zealand since attaining the age of 20 years shall be aggregated;
- c)the maximum benefit rate shall be:
- (i)in the case of a single person, the maximum rate of benefit payable under the legislation of New Zealand to a single person who is not living alone; and
- (ii)in the case of a married person, the maximum rate of benefit payable under the legislation of New Zealand to a married person whose spouse also qualifies for New Zealand superannuation or a veteran's pension;
- d)in relation to a person who reached the age of 65 prior to the date that this Agreement came into force, that person has resided in New Zealand, at any time, for at least 10 years;
- e)if a person who became or becomes ordinarily resident in the Netherlands after 1 April 1990 was entitled to receive New Zealand superannuation or a Veteran's pension at the date of departure from New Zealand and is entitled to receive that benefit as a result of Article 6, but not as a result of Article 7, the amount of that benefit shall be not less than the amount that would be paid in the absence of this Agreement;
- f)in no case shall the rate of benefit exceed 100% of the maximum benefit rate;
- g)no account shall be taken of any benefit which is also payable under the Netherlands social security laws or any benefit or pension payable under the social security laws of a third country.
