- FAQ - What happens to my employer contributions if I opt out of the increase to 3.5%?
Frequently Asked Questions
What happens to my employer contributions if I opt out of the increase to 3.5%?
If you choose not to increase your KiwiSaver contribution rate, your employer may also choose not to increase theirs.
This means you could miss out on an additional 1% in total contributions (your increase plus your employer’s increase), depending on your employer’s decision.
It’s worth being aware of this before applying, as employer contributions form an important part of long-term KiwiSaver savings.