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KS 2 May 2011 Kiwi Saver deduction form (employee to complete and give to employer) Kiwi Saver Act 2006 Use this form to provide your details to your employer if you are: starting new employment an
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If you do not get automatically enrolled, you can join by asking your employer, or directly with a KiwiSaver provider. Your employer will give you a KiwiSaver information pack KS3. You can choose the rate for your KiwiSaver deductions. They can be either 3%, 4%, 6%, 8%, or 10%.
You must complete this form for any new employee(s) who start working for you, and any existing employees wanting to opt into KiwiSaver, or when details need updating: Before their first pay day; or • With the Employment Information - IR348 that includes their first pay.
What are the benefits of KiwiSaver? A minimum of 3% contribution from your employer. An annual contribution from the Government. Your KiwiSaver is held in a trust. First home withdrawal eligibility² Up to $10,000 first home grant³
KiwiSaver deduction form (employee to complete and give to employer) Use this form to provide your details to your employer if you are: starting new employment an existing employee and want to opt into KiwiSaver a KiwiSaver member and want to change your contribution rate.
Each time you pay salary or wages to an employee in a KiwiSaver scheme or a complying fund you deduct contributions from their pay. This deduction is your employee's contribution to their scheme.
KiwiSaver is open to all New Zealand citizens and people entitled to be in New Zealand indefinitely who are under the age of eligibility for New Zealand Superannuation (currently age 65). A person needs to be living (or normally living) in New Zealand to join.

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The KiwiSaver deduction form is a form used in New Zealand to indicate the amount to be deducted from an employee's salary or wages for contributions to their KiwiSaver account.
Employers in New Zealand are required to file the KiwiSaver deduction form for each eligible employee who is a member of the KiwiSaver scheme.
To fill out the KiwiSaver deduction form, employers need to enter the employee's personal details, such as their name and IRD number, and indicate the amount to be deducted from their wages or salary for KiwiSaver contributions.
The purpose of the KiwiSaver deduction form is to facilitate the deduction of funds from an employee's salary or wages for contributions to their KiwiSaver account, as required by the KiwiSaver scheme.
The KiwiSaver deduction form typically requires the employee's personal details, such as name and IRD number, as well as the desired amount to be deducted from their salary or wages for KiwiSaver contributions.
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