Kiwisaver increase – Alec Waugh

Kiwi Saver increase.

From Easter Monday April 1, all Kiwi Savers paying the mininium 2% will be bumped up to 3%. Employers will also chip in an extra 1% of your salary before tax.

Note this change was annouced in May 2011, the same time the Government halved its own annual contributions to Kiwi Saver accounts to a maximum of $521 per person

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