Symptom
The New Zealand government has legislated an increase to the minimum KiwiSaver contribution rates for both employees and employers, effective 1 April 2026.
As per the latest legislative update, the minimum contribution rates under the KiwiSaver scheme will change as follows:
- Current rate: 3% (employee and employer)
- New rate: 3.5% (employee and employer)
- Effective date: 1 April 2026
At this time, the official documentation (PDF/link) from New Zealand authorities has not yet been released.
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Environment
SAP SuccessFactors Onboarding
Product
Keywords
OBX-41933, KiwiSaver, New Zealand, NZ, 3%, 3,5%, 3.5%, rate, compliance, PDF, form, update, new, contribution, OBX , KBA , LOD-SF-OBX-FRM , Compliance 2.0 Country Forms (except i9&EV) , How To
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