How much you have to contribute to KiwiSaver
If you're employed, you can choose to contribute either 2%, 4% or 8% of your before-tax pay. Otherwise you can agree your contribution rate with your provider.
Employees
You can choose to contribute either 2%, 4% or 8% of your before-tax pay. If you don't choose an amount, the default rate of 2% will apply.
For KiwiSaver contributions your pay is your salary or wages.
This includes:
- allowances
- bonuses
- commission
- extra salary
- overtime
- gratuities
- any other kind of remuneration.
This doesn't include:
- redundancy payments
- the cost of accommodation overseas
- overseas living expenses and allowances
- some types of grants, pensions and benefits.
Find out how to change your contribution rate.
Non-employees
If you're not an employee - for example, you're:
- self-employed
- a contractor
- not working
- receiving a benefit
then your contribution rate will be set out in the contract you have with your KiwiSaver provider. There may be:
- a minimum annual sum, or
- specific payment periods that apply, such as monthly or quarterly.
