Retirement Village Residents Association of New Zealand
Retirement from work is no longer retirement from life. In fact, it’s the opposite - a ‘second life’ where growth, learning and discovery become more important, not less. People can enjoy the retirement village lifestyle whether they are 65 or 90 years of age.
Retirement villages offer access to facilities and services that lead to improved health outcomes and greater social interaction than would be possible in a general residential setting. People who take responsibility for their own wellness future and get supportive home care, live longer and avoid hospital and aged care homes.
Does this sound like retirement villages?
Research shows retirement village residents live five years longer than the average Kiwi and they are far less likely to go into residential aged care.
‘Assisted living’ is the increasingly popular label for retirement villages supporting frail residents in their own home. It has a big future. But its success depends on the quality of Village Managers.
The RVRANZ protects the rights of retirement village residents in New Zealand
The focus is on the Retirement Villages Act 2003 and the Retirement Villages Code of Practice 2008.
The Act defines the rights of retirement village residents when they commit to a Occupation Right Agreement with the owner of the retirement village, in which they purchase a licence to occupy a villa, cottage, or apartment.
It’s important that RVRANZ spokespeople have a genuine mandate to speak on behalf of the resident body, rather than pursuing issues of importance to an individual.
Moving from Retirement Village Unit to Rest Home Care
Buying into a retirement village and later transferring into a rest home can pose financial fishhooks which buyers should get full disclosure about, warns the watchdog on retirement villages.
"Buyers should get this information including terms of transfer for short and long-term rest home care before buying an independent unit in a retirement village", Troy Churton, national manager retirement villages, for the Commission for Financial Capability, said.
The interface between residential care and RVs is not well understood by residents, nor are lawyers confident about advising on that interface. Currently ORAs’ for independent villas and apartments have disclosures that typically do not deal with the conditions, practices, probabilities and liabilities around any future transition into residential care.
It is also an issue where people do not have sufficient assets to pay for an ORA for care or for premium room charges. These places are unlikely to be attractive for investment by RV operators in new-build or renovated facilities, suggesting that care for the aged may struggle to generate access to the number of standard care beds required in future.
Just Released! The latest CFFC monitoring report on the Provision of Residential Care and Occupation Right Agreements by Retirement Village Operators please see here
JLL study reveals big changes, surprising new trends
More than 40,000 Kiwis now live in retirement villages, says an in-depth investigation of the multi-billion-dollar retirement sector. The number of residents and the number of villages are both at a record
• 41,009 New Zealanders are in retirement villages;
• that is 13 per cent of the 75-plus population
• 399 retirement villages in NZ;
• those villages have 31,545 units
JLL's main conclusions from the new analysis were:
• NZ's population continues to age, creating a demand for new villages
• The retirement village sector continues to grow "and at pace"
• 75-year-plus village population is increasing
• big-six operators have 57 per cent of the market, smaller entities rising
• development pipeline "reduced" during 2018
• labour supply, cost are big sector issues
New Source of Photo ID
The new Kiwi Access Card will have a positive impact for people who do not have, or are not eligible for a driver licence or passport. The Kiwi Access Card will allow people to be able to prove who they are, so that they can do things like open bank accounts and pick up prescriptions.
For further details - please see here
Check out the New Eligibility Guide
Not sure what help you might be eligible for?
Then check out the new online eligibility guide from the Ministry of Social Development.
The guide is very user-friendly and will work on any computer or mobile device. It does not keep any of the information you enter.
Need extra help?
Some people may be eligible for extra help with their NZ Super, like the Accommodation Supplement, Disability Allowance or Temporary Additional Support.
If you don’t have access to a computer, you can contact the Seniors line on 0800 552 002.
For more information or to access the guide go to http://check.msd.govt.nz
Annual Increase to NZ Super
Super and Veteran’s Pension payments are adjusted each year to reflect increases in the cost of living, inflation and the average wage.
From 1 April payments will increase to:
For a full summary of the new rates go to www.workandincome.govt.nz and search for ‘benefit rates 2019’.
Winter Energy Payment
If you’re getting NZ Super or Veteran’s Pension, you’ll also get the Winter Energy Payment from 1 May to 1 October each year. You don’t have to apply, you’ll get it automatically with your other payments.
Couples and people with dependent children will get $31.82 a week and single people will get $20.46 a week.
if you would like to talk about any matter concerningWe are interested in hearing your views.
Click here to open the contact form for sending your message.
Or by email
Use this address to send us an email:
New Photo ID
April 2019 Newsletter
Cheaper Doctors Visits
Financial Abuse Advice
New Residential Care Rates
Future Care and Assistance
Enduring Power of Attorney (EPA)
Lending Money to Family
Click here for Region details
The National Executive has entered into an agreement with Nigel Matthews to provide part-time management of the Association.
For further details, please see here
Subscriptions for the 2019/2020 year have been set at $10.00 per person and $15.00 per couple
Village residents are encouraged to form a local village association if you have not done so. To assist with this, please find a Model Constitution for you to adapt and adopt
Community Service Cards
From 1 December, changes to Community Services Card benefits mean many Community Service cardholders will pay less to visit their doctor.
If your SuperGold card has "CSC" on the back you can use it for health services as well as SuperGold discounts. You can get lower cost visits to your general practice for health, injury, and more.
Many medical practices are now offering lower fees for enrolled Community Services Card holders and more will join in March and April.
Make sure you always carry your card to make it easy to get the benefits, like paying less to see your doctor.
If you don't have a Community Services Card, it's worth checking if you can get one. You can find out more through the Work and Income website
A Better Later Life
The number of people over the age of 65 is increasing and this trend is set continue. People are not only living much longer, they are also healthier for longer. This longevity means that we need to rethink the existing ideas around old age and later life.
Minister for Seniors, Tracey Martin, is asking for feedback on the draft strategy and whether it is on the right track in making the future better for New Zealanders as we age.
Public consultation on the draft strategy will start later this month and will close on 3 June.
Keep an eye out on the SuperSeniors website for more information on the draft strategy and how you can provide feedback.