What is Unclaimed Money?
Unclaimed money is money held by a person or organisation, such as a solicitor or a Bank, where the owner of that money (or someone with authority to act on behalf of the owner) cannot be found.
In general, money is classed as unclaimed after a certain length of time has passed since the person or organisation holding the money has been able to contact the owner. The length of time depends on the type
of money.
What happens to Unclaimed Money?
For the most part, unclaimed money is eventually transferred to the Crown, usually to the Treasury or IRD
How Can You Claim your family Unclaimed Money?
Unclaimed money can be repaid to the owner of the money, or someone who is authorised to act on behalf or instead of the owner, once a claim has been established as valid.
You will need to provide as much evidence as possible to show that you are entitled to the money, including proof of your identity.
Where you go to make that claim will depend on what type of money it is.
In most cases, you will not be entitled to interest on any unclaimed money.
Different Types of Unclaimed Money
Proceeds of Life Insurance Policies
The proceeds of life insurance policies that have matured (through death or otherwise) are paid to the Inland Revenue Department (IRD) if, after six years, the life insurance company is unable to find the person entitled to the proceeds
Government Superannuation Fund (GSF)
The Government Superannuation Fund (the “Fund”) was
established in 1948 as a superannuation scheme for state sector employees.
The Fund is managed and administered by the Government Superannuation Fund Authority (GSFA) in accordance with the Government
Superannuation Fund Act 1956. For more information on the Authority, visit the Government Superannuation Fund Authority web site. The Authority out-sources the day-to-day administration of the Fund such as collecting contributions, calculating and paying
entitlements and handling all member enquiries. These services are provided by Datacom Employer Services Ltd.
Making a Claim
If you think that you are entitled to money from the GSF Fund, either personally or as a relative of a deceased member of the GSF Fund, you should contact me from the Contact page
National Provident Fund
The National Provident Fund
(the “NPF”) provided Government-guaranteed superannuation to members and ran employer-based schemes for non-departmental public sector employers, such as local bodies and public boards. It is now closed to new members. A Board of Trustees administers
the scheme and manages the investments of the Fund National Provident Fund, and the day-to-day administration is provided by Datacom Employer Services Limited.
The Board of Trustees may no longer pay
out entitlements to members who have been missing (not making contributions to the scheme and for which the Board does not have a current address) for five years. This will only happen after reasonable efforts have been made to find the member. However, if
a member contacts the administrators of the NPF within 15 years, they may be able to claim their entitlement back.
Making a Claim
If you think that you are entitled to money from the NPF, either personally or as a relative of a deceased member of the NFP, you should contact me from the Contact page.
Compulsory New Zealand (National) Superannuation Scheme1970s
Money held in the National Superannuation Scheme of the 1970’s was transferred to the National Provident Fund on the dissolution of that Scheme.
Unclaimed Funds NZ have no affiliation or association with the National Superannuation Scheme, we provide a service to individuals to assist them in recovering their monies from the National Superannuation Scheme by alerting them to the opportunity to recover their funds that the National Superannuation Scheme have in their name for over 40 years.
Making a Claim
If you think that you are entitled to money from the National Superannuation Scheme, either personally or as a relative of a deceased member of the scheme, you should contact me from the Contact page.
Susan Joe (or Susan Wong-Joe)
Looking for money I contributed to via a superannuation fund 1976-1977.
Allan Tucker
Hi Susan,
Sorry for the late reply - Yes there is some monies in the name of Susan Wong.
Send me an email to: unclaimedfundsnz@gmail.com
Regards
Allan Tucker
David Stanley Ryniker
Looking for money held by the crown, from the estate of Phyllis Lorraine Ryniker. I am David Stanley Ryniker.
Allan Tucker
David,
If you are calling from outside NZ The international dial code is +64 4 232 9233
Cheers
Allan Tucker
Hi David,
Thanks for your query - YES! There is some money still held by the Crown, Call me on 04 2329233
Kind regards
Allan Tucker
Fiona Margaret Mathieson
could you please search under Fiona Margaret Mathieson
Fiona Margaret Paiere Dob 21..12..1961 thankyou
Allan Tucker
Hi Fiona
Yes; there is a F Mathieson on the list of forfeited money.
It may be you if your were working in the years 1975 ~1977.
What is the best number to call you on?
Allan