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Budget 2024: The Government has announced FamilyBoost, a proposed new childcare payment to help eligible families with the rising costs of Early Childhood Education (ECE). Find out more:

Ngā takoha kaitukumahi ki ngā pūtea KiwiSaver Employer contributions to KiwiSaver accounts

Your KiwiSaver obligations as an employer and managing employees' KiwiSaver accounts.
From the employment start date.
To be decided between you and your employees

If you’re a KiwiSaver member and you contribute from your pay, your employer generally must also contribute. 

How much your employer must contribute to your KiwiSaver account

Your employer must contribute at least 3% of your gross earnings on top of your regular pay unless:

  • they’re already paying into another eligible scheme for you
  • you're under 18 or over the age of eligibility
  • you're not currently contributing from your pay.

Your employer must deduct tax (employer superannuation contribution tax) from their contributions. The amount paid to your KiwiSaver scheme by your employer may be less than 3%.

You may not qualify for compulsory KiwiSaver contributions

Your employer does not have to contribute to your KiwiSaver account if you’re:

  • under 18
  • no longer meeting the eligibility criteria
  • not making contributions.

Voluntary employer contributions to your KiwiSaver account

Your employer may choose to make voluntary contributions to your KiwiSaver account above 3%. This includes making voluntary payments if they are not required to make compulsory contributions.

Wage bargaining and KiwiSaver contributions

Your employer's compulsory contributions must be on top of your regular pay. If you agreed to a total remuneration package, your employer must pay contributions on top of the package. You should not take home less in your pay because your employer is making a compulsory contribution. Sometimes, a salary package under an employment agreement can be negotiated so compulsory employer contributions can be offset against your gross pay. Your take-home pay will reduce under this agreement.

Exempt employers and KiwiSaver

If your employer already offers a registered superannuation scheme, they may not have to automatically enrol you in KiwiSaver.

They must still make:

  • KiwiSaver available to you if you want to join
  • deductions for new employees already in KiwiSaver
  • employer contributions for employees who are KiwiSaver members.
Last updated: 28 Apr 2021
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