* The minimum employee contribution rate will rise to 3% from 1 April 2013.

** At age 65 or until you have been a member of the Scheme for five years, whichever is the later.

Assumptions for the calculator:  

These calculations assume an initial Government contribution of $1,000, employer contributions of 2%, increasing to 3% from 1 April 2013 (excluding the self employed person and persons under 18 years of age), employer superannuation contributions tax on employer contributions, member contributions at the level selected (if you selected 2% this increases to 3% from 1 April 2013), and tax credits of $20 per fortnight. Salary is assumed to increase at 2.5% p.a. The investor returns selected are assumed to be after Fund Fees and tax have been deducted (assuming tax at 28%). Administration fees are assumed to be $2 per month (before adjustment for tax at 28%), increasing at 2.5% p.a. Calculations are provided for information purposes only, are subject to change and not a substitute for commercial judgment or professional advice, which should be sought prior to acting in reliance on these calculations. No liability is accepted for inaccurate or incomplete calculations and the projected accumulation is not guaranteed. Returns can be negative as well as positive and no person guarantees any returns on an investment in the ANZ KiwiSaver Scheme. Returns have been rounded to the nearest dollar. The calculations shown here are not in "today's dollars" which means the projected accumulation has not been adjusted for the effect of rising prices over time (inflation) and does not show you the buying power in today's dollars.

Investments in the ANZ KiwiSaver Scheme are not deposits in ANZ Bank New Zealand Limited or Australia and New Zealand Banking Group Limited (together “ANZ Group”), nor are they liabilities of ANZ Group. ANZ Group does not stand behind or guarantee OnePath (NZ) Limited. Investments are subject to investment risk, including possible delays in repayment, and loss of income and principal invested.  ANZ Group will not be liable to you for the capital value or performance of your investment.

Access the current ANZ KiwiSaver Scheme Investment Statement or request a copy at any ANZ branch. Terms defined and references construed in this webpage have the same meaning and construction set out in the current Investment Statement.

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