How your contributions are processed

It takes about 3 months for a KiwiSaver contribution to reach your KiwiSaver account.

Month 1
During month 1

Every payday your employer deducts KiwiSaver contributions from your salary or wages. In most cases, your employer needs to send this money to Inland Revenue by the 20th of the following month.

KiwiSaver member Money transfer Employer
Month 2
During month 2

Your employer sends your KiwiSaver contributions to Inland Revenue, along with a report that summarises their payroll for the month.

We start checking that the information your employer has sent through is correct. It can take us up to a month because of all the checks we need to make.

Note: If information is missing, or the data doesn't match our records, we follow up with your employer. This adds more time to the process.

Employer Money transfer Inland Revenue

Month 3
During month 3

We transfer your contributions to your scheme provider, including any interest earned, once we've made sure that your employer's payroll schedule is correct.

Inland Revenue Money transfer Scheme building