KiwiSaver changes are on the way – see what’s changing and key dates you need to know!
From 1 February 2026:
- KiwiSaver members can start to apply in advance for a temporary deduction rate reduction to 3% instead of 3.5% to take effect from 1 April 2026
From 1 April 2026:
- Compulsory employee and employer KiwiSaver contribution rate increases to 3.5%
- Compulsory employer KiwiSaver contributions extends from 18yo down to 16yo
- KiwiSaver members can apply to stay at 3% for 92 days to 12 months; note in this case employers can reduce their contribution to match (employees can apply from 1 Feb 2026 to enable processing time ahead of the 1 Apr 2026 rate change)
From 1 July 2025:
- Eligibility for KiwiSaver government contribution extends to 16-17 yos
- Only earners with taxable income of $180k or less will be eligible for government contribution, effective from start of tax credit year beginning 1 July 2025
- Government contribution halves to a maximum of $260.72, effective from start of tax credit year beginning 1 July 2025
From 1 April 2028:
- Compulsory employee and employer KiwiSaver contribution rate increases to 4.0%
If you need any further assistance, don’t hesitate to contact our office on 07 885 1022.