KiwiSaver Contribution Increase 2026 – What the New 3.5% Rate Means for You
From 1 April 2026, New Zealand’s KiwiSaver scheme is getting a significant update aimed at boosting long-term retirement savings. The default contribution rate for both employees and employers will increase from 3% to 3.5% of gross pay, marking an important step toward improving financial security for future retirees. While this change will slightly reduce take-home pay, it is designed to help … Read more
