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  • Opting out of KiwiSaver after 8 weeks


 

 

ANSWER ID:12183

If a new employee gives you an Opt-out Request more than 8 weeks after starting employment, it should be sent directly to the Inland Revenue Department (IRD). Ideally the employee should send it to the IRD themselves.

You should complete the steps below as soon as possible after sighting the Opt-out Request form.

 

To record the opt-out in Payroll
  1. Go to the Maintenance command centre and click Maintain Employees.
  2. Click Select Employee.
  3. Click the employee who has opted out then click OK.
  4. Click the Personal Details tab.
  5. Deselect the option Entitled to reside in NZ indefinitely. This will result in the KIWI Pay Code in the Pay Defaults/Totals tab being changed to a Type of Old and KiwiSaver deductions will no longer be taken.