How to Opt into KiwiSaver for WSL?
How to opt into KiwiSaver for WSL?
For all existing Team Members:
- Existing team members not already enrolled in KiwiSaver can voluntarily ‘opt in’ to KiwiSaver, by filling a KS2 “Kiwi Saver Deduction Form” accessible from kiwisaver.govt.nz. Scan completed form to: askpeoplesupport@twgroup.co.nz
As a new Team Member, you will not be automatically enrolled into KiwiSaver. To join KiwiSaver you will need to opt in when filling in your new starter details on MyPay.
You can choose which fund provider that you wish to invest your contributions with. TWG has chosen Super Life to be our default provider for KiwiSaver. This means that if you join KiwiSaver and do not choose a fund, or do not want to choose a fund, you will be enrolled with Super Life.
Team members will choose to contribute either 3%,4% or 8% of their regular pay (gross earnings). This is deducted from the employee’s pay and forwarded to IRD, who in turn forward it to the employee’s nominated fund manager (or the Company’s preferred fund manager). If you do not select a supplier, IRD will allocate you to the default scheme.
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