NZ - How to Set-up Voluntary KiwiSaver Deductions for over 65
When an employee reaches the age of 65, the employer is no longer obligated to contribute Kiwisaver to funds. Should the employee opt to continue with the employee deduction, the following steps can be done:
End date the Current KiwiSaver Fund
Add a New KiwiSaver Fund and set 0.00% on the Employer % under the Allowance Tab
Set the Employee Deduction either on % or on the $ field if the employee wants a fixed contribution amount. and Save and Close.
