Child pages
  • Opting out of KiwiSaver after 8 weeks

Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
HTML Wrap
classsection group
HTML Wrap
classcol span_3_of_5

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.

 

UI Expand
expandedtrue
titleTo 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.


HTML Wrap
width15%
classcol span_1_of_5
 
HTML Wrap
floatleft
classcol span_1_of_5
Panelbox
namegreen
titleRelated topics
HTML Wrap
classsidebarlinks

Payroll user guide

Opting out an employee from KiwiSaver before their first pay

Opting an employee out of KiwiSaver after their first pay and refunding their contributions