The superannuation and veteran's pension rates will go up on 1 April.
Social Development Minister Anne Tolley said the rates would increase by 2.73 percent.
Mrs Tolley said this would be an increase of $15.74 a week for a married couple, $10.23 a week for a single person living alone, and $9.44 for a single person sharing accomodation.
Both pension rates are set at 66 percent of the average income.