Membership

Membership

  • Most new employees aged 18 to 65 are automatically enrolled when they start a new job with any employer other than an exempt employer.
  • Those employed for four weeks or less are excluded from automatic enrolment.   Some other exceptions also apply.
  • Most other employees under age 65 can opt in, including some employees working overseas and employees of an ‘exempt employer'.
  • Detailed Information on KiwiSaver membership is provided by Inland Revenue (leaflet KS3).
  • Employees can opt out during weeks three to eight (inclusive) of employment via their employer or Inland Revenue.   In some situations a late opt-out period may be available.
  • Membership is allowed of only one KiwiSaver scheme at a time.  If an employee is already a member of a KiwiSaver scheme and joins another, the balance from the previous scheme must be transferred to the new scheme.