Contribution options

Whether you're employed, self-employed or not working, it's easy to make contributions to your KiwiSaver account. 

What are the options?

If you're an employee

If you're an employee (including self-employed people who have PAYE deducted from their income):

  • You'll make employee contributions directly from your salary or wages.
  • Your employer will generally also make employer contributions on your behalf.
  • You can also make voluntary contributions.

If you're not an employee

If you're not an employee (e.g. self-employed and contractors who don't have PAYE deducted from their income, not working or receiving a benefit): 

  • You can make voluntary contributions.

Employee contributions

If you’re employed, you can choose to contribute 3%, 4%, 6%, 8% or 10% of your before-tax salary or wages. Your employer will automatically deduct this from your after-tax pay. If you don’t choose a contribution rate, your contributions will be deducted at the minimum rate of 3%.

If you’re self-employed, a contractor or not working, contribution rates don’t apply and you can make voluntary payments to your KiwiSaver account at any time.

Changing your contribution rate

You can change your contribution rate once every 92 days (unless your employer agrees to let you change more often).

Changing your contribution rate is simple – you can change your rate in ANZ Internet Banking, the goMoney app, or by emailing us at

You can also download and complete a KS2 KiwiSaver deduction form from the Inland Revenue website and give it to your employer.

Employer contributions

If you’re making KiwiSaver contributions, your employer also has to contribute to your KiwiSaver account unless you’re under 18, eligible for a retirement withdrawal (generally when you become eligible for NZ Superannuation), or have made a life-shortening congenital conditions withdrawal.

How much does your employer contribute?

Your employer must contribute at least 3% of your before-tax salary or wages.

The employer contribution must be paid on top of your salary or wages, unless you have a total remuneration package which includes the employer contribution. If you’re unsure, check with your employer.

Voluntary contributions

You can make regular or one-off voluntary contributions at any time. Select the scheme you’re with to see your options.

Please note, contributions to your KiwiSaver account can’t be reversed.

If you have other ANZ transaction accounts

If you have other ANZ transaction accounts, you can transfer funds to your KiwiSaver account directly via ANZ Internet Banking, goMoney or Phone Banking.

Other options

It will usually take up to five business days for a lump sum contribution to reach your KiwiSaver account. 

Direct debit

Set up a regular direct debit, either:

  • Call us on 0800 736 034 to set it up over the phone.
  • Download, complete and return the relevant direct debit form.

Bill payment or automatic payment

For ANZ KiwiSaver Scheme, either:

  • Select 'ANZ KiwiSaver Scheme' from the Bill Payee list on your internet banking.
  • Make your payment to:
    ANZ KiwiSaver Clearing Account

For ANZ Default KiwiSaver Scheme, either:

  • Select 'ANZ Default KiwiSaver Scheme' from the Bill Payee list on your internet banking.
  • Make your payment to: 
    ANZ Default KiwiSaver Clearing Account

Pay directly to IRD

You can pay directly to Inland Revenue via your internet banking - using the 'pay tax' option.

Suspending your contributions

If you’re making employee contributions, you can apply to suspend them for between three months to one year. This is called a ‘savings suspension’.

Who can apply?

You can apply for a savings suspension from 12 months after the date your first contribution was paid to Inland Revenue (unless you’re in financial hardship). You don’t need to give a reason.

However, if you’re experiencing financial hardship you can apply earlier. This is known as an ‘early savings suspension’ and you’ll need to provide evidence of financial hardship for reasons outside your control.

How long can you suspend contributions for?

You can apply to suspend your contributions for between three months and 1 year.

What happens to my employer contributions?

Your employer is not required to make employer contributions while you’re on a savings suspension.

How often can I apply for a savings suspension?

You can apply to suspend your employee contributions as often as you like. However don’t forget that each savings suspension can affect how much savings you’ll have when you retire.

How do I apply?

Visit Inland Revenue's KiwiSaver site to find out more about applying for a savings suspension. 

From overseas: +64 9 356 4000

Important information

ANZ New Zealand Investments Limited ('ANZ Investments') is the issuer and manager of the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme (together, the 'schemes'). Important information is available under terms and conditions. Download the guide and product disclosure statement.

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 736 034, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see

Include the following information with your payment, otherwise we won't be able to credit your payment to the correct account: 

  • Your surname
  • Your date of birth (DDMMYYYY)
  • Your investor number or ANZ customer number or IRD number.