Contributions to KiwiSaver will usually be through your pay. If you are not an employee you should talk directly to a scheme provider. You can also make extra voluntary payments to your KiwiSaver scheme.
If you’re an employee
The minimum rate you can contribute is 3% of your before tax pay. This rate is what we call the default rate. If you want to contribute more you can choose 4%, 6%, 8% or 10%.
Your before tax pay includes:
- extra salary
- any other payment of any kind before tax.
Your before tax pay does not include:
- redundancy payments
- the value of providing board or lodging, or use of a house or part of a house, or the payment of an allowance instead of the provision of this benefit
- taxable allowances for accommodation and living costs overseas
- payments under a Voluntary Bonding Scheme funded by the Ministry Primary Industries, the Ministry of Health or the Ministry of Education
- Retiring allowance
- Benefits provided under an employee share scheme (ESS), also known as a share purchase agreement
- An overpayment of an amount of an employer’s superannuation cash contribution, that an employee chooses to have treated as salary or wages.
- Honoraria payments paid by Fire and Emergency New Zealand to a volunteer.
Your contributions if you go on leave
|If you ...||Your contributions will...|
|Receive government paid parental leave (PPL)||Stop automatically. You can keep them going by completing a KS2 and include it with your PPL application.|
|Are on unpaid leave||Stop automatically. If you want to keep them going contact your provider.|
|Receive weekly ACC payments (or weekly compensation payments as lump sum||You can get deductions made from your payments by completing a KS2 and sending it to: PO Box 242 Wellington 6140.|
|Receive an income tested benefit from Work and Income||Be made by you through Inland Revenue or your KiwiSaver provider if you want to contribute.|
|Your employer pays you parental leave||Continue and you will contribute.|