How much do I pay?

For most people KiwiSaver is work based with KiwiSaver contributions coming from their employer and out of their pay.  Each payday you’ll make a contribution of 3% of your gross salary or wages – or you can opt for a higher rate of 4% or 8%.

The rates of contribution are:

A minimum of 3% of your gross salary or wage, or 4% or 8% of your gross salary or wages if you give your employer a notice requiring contributions to be deducted at either of these rates.

Compulsory employer contributions:

All employers are required to match employee contributions for KiwiSaver and complying superannuation funds at a level of 3% of gross salary.

All employer contributions must be made through Inland Revenue, not direct to Civic Financial Services Ltd.

Additional or Lump Sum Contributions:

In addition to the 3% or 4% or 8% of your gross salary or wage paid through your employer you may also at any time make additional regular contributions or lump sum contributions to the Scheme.

Additional regular contributions are to be remitted to the IRD.

Any additional regular or lump sum contribution you make may be subject to a minimum amount. Details of the current minimum amount and the appropriate method of payment can be obtained from the Trustee. Any additional regular or lump sum contribution you make may or may not attract a subsidy from your Employer.