What is KiwiSaver?
KiwiSaver is a voluntary savings initiative to help you with your long-term saving for retirement or to assist you purchasing a first home. KiwiSaver Schemes are managed by private sector companies called KiwiSaver providers. You can choose which KiwiSaver provider you invest your money with, and while you can switch between providers you can only be a member of one scheme at a time.
Who can join?
You don't have to be employed to join KiwiSaver, but you do have to be:
- A New Zealand citizen, or entitled to live in New Zealand indefinitely
- Living or normally living in New Zealand
Find out more about who can and can’t join KiwiSaver on the Inland Revenue KiwiSaver website.