If you're not employed, you agree your contribution level with your provider. Some schemes may have minimum contribution requirements.
KiwiSaver is very flexible if you're not employed. You're not required to contribute a set amount. Instead you can agree your contribution level with your KiwiSaver provider. Some providers may have minimum contribution requirements. You can either:
- make lump sum payments when you choose, or
- set up regular payments.
Benefits if you're not employed
If you're not employed you can enjoy all the benefits of KiwiSaver except the employer contributions. When you join:
- you'll receive the $1,000 kick-start payment, and
- the Government will match your contributions up to $10 a week (or $521.43 a year), and
- you'll be able to take advantage of the first home buyer's benefits if you're eligible.
You'll need to join directly with a KiwiSaver provider of your choice by requesting an investment statement and completing an enrolment form.