
KiwiSaver
NZX opts for immediate maximum KiwiSaver employer contribution
Tuesday 29th of May 2007
The 2007 Budget contained an enhancement to KiwiSaver that requires employers to contribute to their employees' KiwiSaver account on a graduating scale, beginning at 1% on 1 April 2008 and climbing to 4% over four years. NZX will contribute the full 4% on commencement of KiwiSaver in two months' time.NZX is doing so to reflect the company's commitment to personal savings and investments, a...
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