KiwiSaver is a voluntary, long-term savings initiative. For many people, KiwiSaver will be work-based. As an employer, you will need to provide your employees with information about KiwiSaver, and their KiwiSaver contributions will come straight out of their pay. It's designed to make it easy for people to maintain a regular savings pattern.
As of the 1 July 2007, employers are required to follow the KiwiSaver Act 2006, we can help you with information on how KiwiSaver works, and your responsibilities, to help you deal with these new obligations.
As of the 1 April 2008 there will be some additional obligations for employers to follow, including compulsory contributions to employee KiwiSaver accounts, we can help you budget for this additional expense and explain to you the new rules.