KiwiSaver - COVID-19 (novel coronavirus)
Our role in KiwiSaver
Inland Revenue’s role is one of a central administrator. We provide information on the goals and benefits of KiwiSaver to help people decide whether it is right for them. It keeps track of overall membership of the scheme and ensures KiwiSaver deductions from employers are passed onto the members scheme provider.
We are also oversee the following functions:
- opt outs
- savings suspensions
- transferring any Government contributions to a members of KiwiSaver scheme.
Inland Revenue does not provide financial advice or help people choose which KiwiSaver scheme to belong to. Members should look to the Commission for Financial Capability, and the Sorted.org.nz website in particular for information to assist them with these important decisions.
Once a person becomes a member of a KiwiSaver scheme, the members' primary relationship is with their scheme provider.
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KiwiSaver for individuals
KiwiSaver is a voluntary savings scheme to help set you up for your retirement. You can make regular contributions from your pay or directly to your scheme provider.
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KiwiSaver for employers
Employers need to check if new employees are eligible to be automatically enrolled, enrol them if they are, and make KiwiSaver deductions and contributions.
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KiwiSaver for scheme providers
You'll need to meet our requirements before you can register to be a KiwiSaver scheme provider.
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Using the KiwiSaver trademark
We own the trade mark registrations for the word 'KiwiSaver' and the KiwiSaver logo. We give licences for their use to scheme providers or others.
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KiwiSaver statistics
Monthly and annual reports on KiwiSaver demographics, methods of joining and payments to providers.
