What are the KiwiSaver employee contribution rates and how do I choose between 3%, 4%, 6%, 8%, or 10%?

As a KiwiSaver member, you can choose to contribute 3%, 4%, 6%, 8%, or 10% of your before-tax salary or wages. Your chosen rate is deducted automatically from your pay by your employer.

How to choose your rate:

• 3% - The minimum rate, suitable if you are on a tight budget or just starting out
• 4% - A moderate step up that can significantly boost your retirement savings over time
• 6% - A strong contribution for those who can afford to save more
• 8% - Recommended if you are focused on building a substantial retirement fund
• 10% - The maximum employee rate, ideal for aggressive savers or those closer to retirement

Key points to remember:

• The default contribution rate for new members is 3% (this increases to 3.5% from 1 April 2026)
• Contributions are calculated on your gross (before-tax) pay
• You can change your contribution rate by contacting your employer or through your myIR account
• Self-employed and non-employed members can contribute any amount they choose directly to their KiwiSaver provider

Changing your rate:

You can change your contribution rate at any time. Simply tell your employer your new chosen rate, and they will adjust your deductions from your next pay.

Contribution holidays: If you need a break from contributing, you can apply to IRD for a savings suspension (previously called a contribution holiday) for between 3 months and 1 year. You must have been a KiwiSaver member for at least 12 months to apply.