Government KiwiSaver contributions
1 July 2025 changes
People aged 16 and 17 will qualify for government contributions, so long as they meet other eligibility requirements. Prior to 1 July 2025, members must be 18 or older to qualify.
The government KiwiSaver contribution will halve, reducing the maximum government contribution from $521.43 to $260.72 each year.
People who earn more than $180,000 of taxable income in a year will no longer qualify for government contributions.
There’ll be no change to government contributions for the year ending 30 June 2025. These will be paid in July and August at the current government contribution rate.
Default employer and employee contribution rates
1 April 2026 changes
The default KiwiSaver contribution rates for employers and employees will rise to 3.5% (from 3%).
Members will be able to apply for a temporary rate reduction from 1 February 2026 if they wish to continue contributing at 3% from 1 April 2026.
As an employer, you will be able to match your employee’s temporary rate reduction. Once your employee moves to a higher contribution rate, you will need to increase your employer contributions to the default 3.5% rate. Inland Revenue will notify you of this.
People aged 16 and 17 will qualify for employer contributions. If they contribute to KiwiSaver from their wages, you will need to start making employer contributions.
1 April 2028 changes
The default contribution rates for employers and employees will rise to 4% (from 3.5%).
More information
Inland Revenue has updated information about the KiwiSaver changes.
KiwiSaver changes(external link) – Inland Revenue
