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The KiwiSaver Bill was introduced into Parliament on 28 February 2006. It received its first reading on 2 March 2006, its second reading on 24 August 2006, and its third reading on 30 August. The KiwiSaver Act 2006 resulted. The Act received Royal assent on 6 September 2006.
The KiwiSaver Bill was introduced into Parliament on 28 February 2006, the KiwiSaver Act 2006 resulted and received Royal assent on 6 September 2006.
The Act aims to increase individuals' wellbeing and financial independence and to provide retirement benefits.
This section is made up of Subpart 1, 2 and 3.
This section is made up of Subpart 1, 2, 3 and 4.
This part establishes the rules for KiwiSaver schemes and their registration.
One or more KiwiSaver default providers can be appointed by the Minister.
Schedule 1 sets out the KiwiSaver rules that are to be implied in the trust deed of a KiwiSaver scheme.
Schedule 2 specifies the matters that are to be contained in any application for registration as a KiwiSaver scheme.
Schedule 3 makes amendments to other Acts.
Examples of various contribution rates, and their calculations.