57645 (2025). Francisco Hernandez to the Minister of Finance

Written Question
Published date: 15 Jan 2026
57645 (2025). Francisco Hernandez to the Minister of Finance: How much has been spent on Chief Executive redundancy payments and payments in lieu of notice, if any, in the Minister’s departments, agencies, crown entities and any other bodies that the Minister is responsible for, if any, since 27 November 2023, detailed by chief executive role, payment amount and period?
Hon Nicola Willis: I refer the Member to the publicly available information found on the Public Service Commission website at the following link: https://www.publicservice.govt.nz/system/leaders/appointing-leaders/leader-pay/chief-executive-remuneration. Public Service departments and departmental agencies are also required to report on Chief Executive expenses within their respective agencies, through their Annual Reports. This information can be found on the Treasury’s website at the following link: https://www.treasury.govt.nz/publications/annual-report/2025. This information can be found on the RBNZ’s website at the following link: https://www.rbnz.govt.nz/-/media/project/sites/rbnz/files/publications/annual-reports/annual-report-2025.pdf, with remuneration to Governor related details on page 42. Neither the Government Superannuation Fund Authority (GSFA) nor the Board of Trustees of the National Provident Fund (NPF) employs a Chief Executive. Executive services are provided by Annuitas Management Limited (Annuitas). There have been no redundancy payments or payments in lieu of notice, for the Annuitas Chief Executive, in the period since 27 November 2023. For the Natural Hazards Commission, I am advised nil. For the Guardians of New Zealand Superannuation, I am advised nil.