KS2 0420
KiwiSaver deduction form
Do not send this form to Inland Revenue. This form should be kept by your employer with your employment records.
KS2
April 2020
KiwiSaver Act 2006
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 2 No. Go to Question 3
2. Are you on a savings suspension?
Ye s See note below No. 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 myIR account.
Section B
Personal details Please use
BLOCKLETTERS
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
4. Your name Mr Mrs Miss Ms Other
Put a dash to indicate your title
First names
Surname
5. Your postal address
Street number Street address or PO Box number
Suburb, box lobby or RD
Town or city Postcode
6.
Your contact
numbers
Day Mobile
7. Your email address
If you give an email address you may receive KiwiSaver information by email
Section C Contributions
8. Choose a contribution rate:
3% 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 Date
Please give this completed form to your employer
RESET FORMRESET FORM
This form is 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.
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.
Existing employees who want to become KiwiSaver
members
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
Contribution rate
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
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