All new eligible employees must be automatically enrolled in KiwiSaver unless they are:
Eligible existing employees who are not already members can join the scheme at any time by notifying their employer.
Employees can elect to make contributions at either 3%, 4% or 8%. If an employee does not elect a rate then the default rate of 3% is used.
It is compulsory for employers to contribute to their employees’ KiwiSaver scheme at a rate of 3%.
Benefits of Kiwisaver are:
Employers must:
For more information call us or refer to the KiwiSaver for Employers on the IRD website.
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