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KiwiSaver and employers


AMP makes KiwiSaver simple for employers and rewarding for your employees.


Why choose the AMP KiwiSaver Scheme as an employer?


We have designed the AMP KiwiSaver Scheme to be easy to navigate for employers and employees. In this guide we’ll explain your obligations as an employer, and how you can help new and existing employees save for a brighter financial future. By choosing the AMP KiwiSaver Scheme, your New Zealand business will enjoy:

More support

Our experts are always on hand to help you navigate KiwiSaver and ensure you’re meeting your obligations as an employer.

Sustainable investments

The goal of the AMP KiwiSaver Scheme is to build a better future, so sustainability is central to our investment philosophy.


Benefits of AMP KiwiSaver Scheme for employees


Place your employees’ retirement savings in a flexible, sustainable and trusted savings scheme.

Good fees, healthy returns

Enjoy good fees and performance and select from a range of KiwiSaver funds from some of NZ’s leading investment managers.

More choice and control

Employees can mix and match up to seven KiwiSaver funds from different providers that align with their savings goals, and that offer the perfect balance of risk and potential reward. They can use MyAMP to gain full visibility and control over their retirement savings.

Expert advice

AMP experts are always on hand to offer KiwiSaver advice to members. We also offer a suite of free investment tools to help your employees manage and maximise their retirement savings.

How to join KiwiSaver as an employer


Choosing AMP as your preferred KiwiSaver scheme provider is as easy as one, two, three:

Step 1: Fill in this form and send it to our KiwiSaver team: kiwisaver@amp.co.nz

Step 2: We’ll let Inland Revenue know that you have chosen the AMP KiwiSaver Scheme. You will receive a notification from IRD when they register this information.

Step 3: Whenever one of your new or existing employees opts into the AMP KiwiSaver Scheme, hand them an AMP KiwiSaver information pack that tells them everything they need to know. 

How compulsory employer contributions work


As an employer, you’re required to contribute to whichever KiwiSaver scheme an employee is a member of, provided they:

  • have reached age 18; and
  • have not reached their qualifying date (currently age 65 in New Zealand); and 
  • are eligible for compulsory employer contributions (see below).


Currently, the compulsory employer contribution requirement is 3% of an employee’s gross salary or wages. These are additional contributions – your employee’s take-home pay will not decrease because of them. If you have agreed to a total remuneration package, employer contributions must be made on top of that package.

Employer Superannuation Contribution Tax (ESCT) is deducted from all employer contributions before employer contributions are transferred to the AMP KiwiSaver Scheme.

In certain circumstances, if you are already contributing to a registered superannuation scheme for your employees, then they may not be entitled to compulsory KiwiSaver employer contributions. These types of superannuation schemes must have existed prior to 6 October 2009. No new employers can get exempt status.

All KiwiSaver contributions from an employer are transferred to Inland Revenue (IRD) via an employer monthly schedule. IRD then transfers the money into the employee’s KiwiSaver account.

Common KiwiSaver situations you might face as an employer, and how to handle them.

A new employee isn’t a KiwiSaver member

If you have a new employee who is not already a member of a KiwiSaver scheme, but is eligible to join KiwiSaver, you must consult the Inland Revenue KiwiSaver employer guide (KS4) to check whether they should be automatically enrolled. If yes, you’ll need to:

1. Give the employee an AMP KiwiSaver Scheme employee information pack (within seven days of starting work for new employees).

2. If the employee agrees to join the AMP KiwiSaver Scheme, ask them to read the Product Disclosure Statement and Fund Update Booklet, and complete the application form (they’ll need to supply basic personal information, PIR, IRD number, etc.). Add your employer details, including your employer plan number, and send them to AMP.

3. Let the employee know you will:

● Start employer contributions at a minimum of 3% of the employee’s pay (gross salary or wages), from their next pay (unless an exemption applies).
● Start employee deductions at 3% of their gross pay (salary or wages), unless they have specified 4%, 6%, 8% or 10%, from their next pay.

4. Give Inland Revenue the employee’s details using the KiwiSaver employee details form (KS1). The form can be filled out on paper or online.

5. Begin paying employee deductions and employer contributions to Inland Revenue (IRD) with PAYE payment and ESCT during payday filing.

KiwiSaver employee details (KS1) -To notify Inland Revenue of new employees that have been automatically enrolled or who have decided to opt into KiwiSaver.
KiwiSaver employer guide (KS4) - Details employers’ KiwiSaver obligations, including enrolment and contribution processes and general administration.

A new or existing employee wants to transfer to AMP KiwiSaver

If you have a new or existing employee and they’d like to transfer to AMP from another KiwiSaver scheme:

1. Give the employee an AMP KiwiSaver Scheme employee information pack – ask them to read the Product Disclosure Statement and Fund Update Booklet and complete the application form.

2. Once the employee has completed the application form, complete the employer details, including your employer plan number and send it to AMP. We’ll arrange for the transfer of the employee to the AMP KiwiSaver Scheme. It’s that easy!

3. Let the employee know you will:

● Start employer contributions at a minimum of 3% of their gross salary or wages from their next pay (unless an exemption applies).
● Start employee deductions at 3% of their gross salary or wages (unless they have specified a higher voluntary contribution of 4%, 6%, 8% or 10%) from their next pay.

4. Pay employee deductions and employer contributions to Inland Revenue with PAYE payment and ESCT.

An employee wants to change their contribution levels

It is up to the individual to change their KiwiSaver contribution rate. Employees' KiwiSaver contributions can be changed if:

● They complete a KiwiSaver deduction form (KS2) so you can make the appropriate deduction; or
● They notify you in writing.

KiwiSaver deduction form (KS2) - Employee instructions to their employer regarding their contribution level.

An employee wants to stop contributions after the age of 65

The qualifying age for accessing KiwiSaver retirement savings is currently 65 (with a few exceptions). At this point employer and employee contributions are no longer compulsory, but you can still make voluntary employer contributions.

If an eligible employee chooses to cease contributions to their KiwiSaver, they must complete a non-deduction notice (KS51). You do not need to send this to Inland Revenue, but a copy should be kept for your records.

Your employee can restart their contributions at any time by completing a KiwiSaver deduction form (KS2). The employee must wait three months from you accepting the non-deduction notice to restart their contributions, unless you agree otherwise.

KiwiSaver deduction form (KS2) - Employee instructions to their employer regarding their contribution level.
Non-deduction notice (KS51) - For employees who want to stop contributions after reaching their qualifying date.

An employee wants to take a savings suspension

An employee can apply for 3-12 month savings suspension if:

● 12 months have passed since Inland Revenue, or the KiwiSaver provider received the first contribution from their salary or wages (or earlier in case of financial hardship); and
● They submit a request for a Savings Suspension direct to Inland Revenue online.

A new employee wants to opt out of KiwiSaver

New employees who have been automatically enrolled in KiwiSaver are able to opt out between two to eight weeks of starting work. They will need to complete a new employee opt-out request (KS10), which you will need to send to Inland Revenue no later than the next time you’re required to send an Employer monthly schedule (IR 348) to Inland Revenue.

We recommend employees seek out financial advice from a professional, like one of our KiwiSaver Advisers, before they opt out.

New employee opt-out request (KS10) - For new employees who are subject to automatic enrolment and want to opt out of KiwiSaver.

An employee wants to make an early withdrawal

Your employees may make an early withdrawal under special circumstances such as a first home purchase, serious illness, a life-shortening congenital condition, significant financial hardship and permanent emigration. Visit amp.co.nz/kiwisaver for further information.

Do I need to make compulsory employer contributions if I’m self-employed?

No, self-employed individuals do not need to make compulsory employer contributions to themselves – all of their KiwiSaver contributions are voluntary.

Do compulsory employer contributions apply to casual employees?

You will probably need to pay compulsory contributions to casual employees, but not always.

You aren’t obliged to enrol the casual employee in KiwiSaver if they are working for you for less than 28 days, or if they are working for you irregularly and get holiday pay on top of their wages. But in most other cases the employee will meet eligibility criteria, so you will be required to contribute a minimum of 3% of their pay.


Looking for expert KiwiSaver advice?


We recommend speaking to a financial adviser when looking for financial advice. By speaking with a financial adviser, you can find out - how your plan is working (or not) for you, and they can provide guidance on some suggested changes if needed.


Call 0800 AMP KIWI (0800 267 5494), Mon-Fri 9-5.

Book a consultation - we'll get in touch at a time that suits you.

Email us - get in touch at kiwisaver@amp.co.nz

As an AMP KiwiSaver Scheme customer, you have access to financial advice whenever you need it which can be obtained either through AMP or an external Adviser. The financial advice that can be provided by an internal AMP Adviser is limited to AMP products, whereas an external Adviser may be able to advise you on a broader range of financial matters.

Inland Revenue forms and guides


Download all the necessary forms and guides from IRD KiwiSaver for Employers. These include:

KiwiSaver employee details (KS1) - To notify IRD of new employees that have been automatically enrolled or who have decided to opt into KiwiSaver.

KiwiSaver deduction form (KS2) - Employee instructions to their employer regarding their contribution level.

KiwiSaver employee information brochure (KS3) - For all new or existing employees who may wish to opt in to a KiwiSaver scheme.

KiwiSaver employer guide (KS4) - Details employers’ KiwiSaver obligations, including enrolment and contribution processes and general administration.

New employee opt-out request (KS10) - For new employees who are subject to automatic enrolment and want to opt out of KiwiSaver.

Non-deduction notice (KS51) - For employees who want to stop contributions after reaching their qualifying date.