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2009 media releases

Stay informed about KiwiSaver changes
2 February 2009

People joining KiwiSaver should make sure they are fully informed about the changes coming into effect from 1 April 2009. 

The changes, which affect both employers and employees, include dropping the minimum employee contribution to 2% of the employee's salary or wage, and capping compulsory employer contributions at 2%. 

Those planning to enrol, and those automatically enrolled by their employer, should be aware of the latest rules before making any decisions. 

Some KiwiSaver guides may not yet have been updated to reflect the 1 April 2009 changes. 

However, full details can be found at www.ird.govt.nz under "News and updates". 

For further information:
Catherine Delore
(04) 890 1743
(029) 890 1743
catherine.delore@ird.govt.nz

 

Corporate Communications
Inland Revenue

For all media enquiries phone: 04 890 1698

For general communications enquiries
Phone: (04) 890 1936
Email: corpcomm@ird.govt.nz
Fax: (04) 498 5809

P O Box 2198
12-22 Hawkestone Street
Wellington
New Zealand

  

Date published: 03 Feb 2009

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