KS2 KiwiSaver Deduction Form

KS2 KiwiSaver Deduction Form
Do not send this form to Inland Revenue. This form should be kept by your employer with your employment records.

Use this form to provide your details to your employer if you are: starting new employment an existing employee and want to opt into KiwiSaver a KiwiSaver member and want to change your contribution rate. To be eligible to join KiwiSaver you must: Live, or normally live in New Zealand, and be a New Zealand citizen, or entitled to stay in New Zealand indefinitely. You are not required to be auto enrolled when starting a new job if you are under the age of 18 or you are over the age of eligibility for New Zealand Superannuation (currently 65 Please read the notes on the back to help you fill in this form
Section A

General Please put a dash to indicate your situation eg. -
1. Are you a KiwiSaver Member?*

Yes. Go to Question 2No. Go to Question 3
2. Are you on a savings suspension?*

Yes See note belowNo. Go to Question 3
If you have a savings suspension notice you must show it to your employer to prevent them making KiwiSaver deductions. If you have lost your notice, you can get a replacement online at ird.govt.nz from your mylR account.
Section B

Personal details Please use B L OC K L E T T E R S. You must provide your IRD number, name and address.
3. Your IRD number*
If you don't know your IRD number or you don't have one, call us on 0800 549 472
Your Name

MrMrsMissOtherMs
Full Name*

First namesSurname
Address

Street Number

Street Address or PO BOX number

Suburb, Box Lobby or RDTown or City

Postal Code
Daytime Number
Please enter a valid phone number.
Mobile
If you give an email address you may receive KiwiSaver information by email
example@example.com
8. Choose a contribution rate:
3%
Mark with an "X"
4%
6%
8%
10%
If you don't choose a rate, the default rate of 3% will be deducted.

9. I declare that the information I have provided on this form is true and correct.
Signature

Clear
Date

DayMonthYear
Date
Please give this completed form to your employer
This form is to provide your details to your employer if

starting new employment an existing employee and want to opt into KiwiSaver a KiwiSaver member and want to change your contribution

Starting new employment If you're not already a KiwiSaver member, you will be automatically enrolled and your employer will begin making KiwiSaver deductions from your first payment of salary or wages. However, you can opt out at any time on or after day 14 and on or before day 56 of starting new employment - see your KiwiSaver information pack for details.

KiwiSaver contributions will be deducted from each payment of your salary or wages. You may choose a contribution rate of 3%, 4%, 6%, 8% or 10%. If you don't choose a rate, the default rate of 3% applies. If you want to contribute more you can make voluntary contributions directly to your scheme provider. If you want to change your contribution rate, complete sections B and C of this form and give it to your employer. For information on total remuneration packages and good faith bargaining refer to ird.govt.nz/kiwisaver and employment.govt.nz

Privacy Find our full privacy policy at ird.govt.nz/privacy

Existing employees who want to become KiwiSaver

You can enrol in KiwiSaver by completing this form and giving it to your employer. Your employer will determine if you are eligible and then send your information to Inland Revenue and start making KiwiSaver deductions for you. Note: If you opt in, you cannot opt out. We suggest you get financial advice before deciding to opt into KiwiSaver.

Existing KiwiSaver member If you are already a member, your employer should begin making KiwiSaver deductions for you unless you show them a savings suspension notice. To ensure deductions start it is recommended that you provide a KS2 form to your new employer and to request confirmation the form has been received. You'll find more information in your KiwiSaver information pack or go to ird.govt.nz/kiwisaver

What an employer should do with this completed form Employer - don't send this form to Inland Revenue. If the new employee is subject to automatic enrolment or an existing employee opts in, use this information to assist you to complete the IR346K. Keep this form with your business records for seven years following the last salary or wage payment you make to the employee. For more information about KiwiSaver go to ird.govt.nz/kiwisaver
Should be Empty:

KS2 KiwiSaver Deduction Form

Section A

Section B