Government KiwiSaver contributions

What is the Government contribution?

The Government contribution helps your KiwiSaver account grow faster.

If you’re eligible, the government pays 25 cents for every dollar you contribute to your KiwiSaver account, up to a maximum of $260.72 each year. This contribution is based on your contributions between 1 July and 30 June.

Who is eligible for a Government contribution?

To be eligible for a Government contribution, you need to:

• be aged between 16 and 65
• have personal contributions during the year – employer’s contributions and Inland Revenue interest don't count
• have been in KiwiSaver the full year to 30 June
• have been a resident in New Zealand the full year to 30 June
• have earnings of $180,000 or less per annum. 

To get the maximum $260.72, you need to have contributed at least $1,042.86 in the Government contribution year.

If you don’t contribute $1,042.86 over the year, you could receive some Government contribution – as long as you’ve contributed within the year.

How to get the full Government contribution

To get the full $260.72 from the government, you need to contribute at least $1,042.86.

Employed individuals earning at least $35,000 per year contributing 3% of their salary or wages to their KiwiSaver account should get the full $260.72 from the government.

If your contributions don’t reach $1,042.86 by the end of the Government contribution year, you can top up your account to earn $260.72 by:

• increasing your contribution rate 
• making regular voluntary contributions. 
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Make a one-off or lump sum contribution to your KiwiSaver account. To top up your account through a voluntary contribution, visit making contributions. 

To find out more about the KiwiSaver Government contribution, visit the IRD website.

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