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KiwiSaver for Employers NZ — Obligations & Auto-Enrolment

Updated

If you employ staff in New Zealand, KiwiSaver creates specific legal obligations that apply from the first day a new employee starts. Getting these right matters — penalties apply for non-compliance, and employees are entitled to their employer contribution.

Employer KiwiSaver Obligations at a Glance

ObligationDetail
Auto-enrolmentEnrol all eligible new employees from day one
Employee contributionsDeduct chosen rate (3%, 4%, 6%, 8%, or 10%) via payroll
Employer contributionMinimum 3% of gross salary — mandatory, on top of wages
ESCTDeduct Employer Superannuation Contribution Tax from employer contributions before payment
IRD filingInclude KiwiSaver contributions in regular PAYE filing
KS2 formProvide to new employees so they can opt out if they choose

Who Must Be Auto-Enrolled?

Auto-enrolment applies to employees who are:

  • New Zealand citizens or permanent residents
  • Aged 18–65
  • Starting a new job (not currently a KiwiSaver member)

Employees can opt out using a KS10 form within 2–8 weeks of starting. After that, they can only stop contributions via a savings suspension (after 12 months of membership).

The 3% Employer Contribution

The employer minimum is 3% of the employee’s gross salary, paid on top of wages — it is not deducted from the employee’s pay. ESCT (Employer Superannuation Contribution Tax) is deducted from this 3% before it reaches the employee’s account, at a rate based on the employee’s total income.

Employers can contribute more than 3% voluntarily, but the minimum 3% is mandatory for all eligible employees who haven’t opted out.

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