KiwiSaver is open to all New Zealand residents and people entitled to live here permanently, aged up to 65, who are living (or normally living) in New Zealand.

The Government:

• kick-starts each KiwiSaver member's account with $1,000 tax-free
• pays a member tax credit matching the contributions made by each member (aged between 18 and the age of eligibility to withdraw their KiwiSaver funds) of up to $1,042.86 a year. This is the equivalent of up to $20 a week.

Each pay day you deduct 4% or 8% of a member's before-tax pay and pass it on to Inland Revenue. We then transfer each member's contribution to their scheme provider for investment in their savings scheme. From 1 April 2008, members will also benefit from a contribution from you as their employer towards their savings.

Tell me about

• KiwiSaver membership
• KiwiSaver for your employees
• Employees who are exempt from automatic enrolment
• Employees with special circumstances