You can contribute to your KiwiSaver account automatically through your employer, by making voluntary contributions or through Inland Revenue.

Contributions we receive are generally processed within 5 business days.

Automatic contributions

If you’re employed, you’ll make contributions to your KiwiSaver account from your salary or wages.

There are many contribution rates to choose from:

  • 3.5%
  • 4%
  • 6%
  • 8%
  • 10%

The default contribution rate is 3.5%.

You can apply for a temporary rate reduction to 3% by contacting Inland Revenue.

Changing your contribution rate is easy. Find out how to here = Change my KiwiSaver contribution rate.

Voluntary contributions

You can make contributions to your KiwiSaver account through online banking using saved or registered payee details in your bank's app or Inland Revenue.

Saved or registered payee (biller)

MAS has set up as a payee/biller with the following banks:

Simply search for the product name - MAS KiwiSaver Scheme - which is also the account name, in the biller or payee list and follow the prompts to complete your payment. 

Important

MAS banks with ANZ and all our biller code instructions are set-up with New Zealand banks via ANZ. Banks operate using different systems and processes, and while the biller names (product name or account name) are the same across all banks, the manual entry process can be different.

 

Manual entry (self-selected payee)

You can also enter the payment details manually using the following information:

Account Name (biller name) Account Number Exact Name on Account
MAS KiwiSaver Scheme  06-0541-0253131-00  Medical Assurance Society NZ Ltd

Please double-check all details before confirming payment.

 

Important

For ASB and BNZ banks specifically, as well as for any banks that do not list our Scheme's bank account under their registered payees or businesses, you need to manually enter the exact account name as registered with the bank to avoid a "Not Match" error during the Confirmation of Payee process. ASB and BNZ’s Confirmation of Payee service will verify whether the account name and number provided correspond with the bank’s official records. Therefore, please ensure you use the exact name on accounts (as per the table above) to successfully complete the Confirmation of Payee check.

 

Mobile banking procedures for registered and self-selected payees

ANZ Mobile App

Searching for a Registered Payee

  • Tap Payments > Pay a Person or Bill > Select an account > Select a Payee
  • Search for "MAS KiwiSaver Scheme" and select the correct payee from the list and the
    registered details will be loaded

Adding a New Payee (Self-Selected Payee)

  • Tap Payments > Pay a Person or Bill > Select an Account > Select a Payee > Add New
  • Payee Name: Account name (e.g. "MAS KiwiSaver Scheme"; no need for exact name)
  • Account Number: Enter the correct bank account number
  • The product name will show on your screen

ASB mobile App

Searching for a Registered Payee

  • Tap Payments > Make a Payment > Choose who to Pay > Registered Payee
  • Search for "MAS KiwiSaver Scheme" and select the correct payee from the list and the
    registered details will be loaded

Adding a New Payee (Self-Selected Payee)

  • Tap Payments > Make a Payment > Add a New Payee > Enter Payee Details
  • Payee Name: Use the exact registered name (e.g. "MAS KiwiSaver Scheme”)
  • Account Number: Enter the correct bank account number
  • Tap “Check Payee Details” to initiate Confirmation of Payee

BNZ Mobile App

Searching for a Registered Payee

  • Menu (top left corner) > Payees > (top right corner) > Enter Account owner name (e.g. "MAS KiwiSaver Scheme")
  • Search for "MAS KiwiSaver Scheme" and select the correct payee from the list and the registered
    details will be loaded

Adding a New Payee (Self-Selected Payee)

  • Menu (top left corner) > Payees > (top right corner) > Enter Account owner names
  • Account owner name: Use account name (e.g. "MAS KiwiSaver Scheme"
  • Account Number: Enter the correct bank account number
  • BNZ will verify payee details

Kiwibank Mobile App

Searching for a Registered Payee

  • The MAS KiwiSaver Scheme is not available yet as a Registered Payee with Kiwibank. Please use the process below for a ‘Self-Selected Payee’


Adding a New Payee (Self-Selected Payee)

  • Tap Pay & Transfer > Manage Payees > Add
  • Enter Account owner: Use account name (e.g. "MAS KiwiSaver Scheme". For MAS KiwiSaver
    Scheme accounts, since the account has not yet been added under registered payees, it is necessary to include the exact account name)
  • Account Number: Enter the correct bank account number
  • Tap “Check Payee Details” to initiate Confirmation of Payee. You will see a pop-up box stating the account number matches as business and asking you to search businesses.
  • Enter "MAS KiwiSaver Scheme" and select from the results

 

Payment details

Particulars

Member Number (you can find this on your Annual Statement or login to myMAS)

Code

Surname

Reference

MASKIWISAVER


Inland Revenue

You can contribute to your KiwiSaver account using the ‘Pay Tax’ option in your bank’s online banking facility.

  1. Log in to your online banking select ‘make a tax payment’.
  2. Enter your IRD number and how much you would like to contribute.
  3. Make sure the tax type is ‘KSS’.
  4. Choose period ‘0’.


Medical Funds Management Limited is the issuer and manager of the MAS KiwiSaver Scheme. A copy of the Product Disclosure (PDS) for the Scheme is available at MAS KiwiSaver Scheme PDS.

If you would like to talk to a MAS Adviser, phone 0800 800 627 or email info@mas.co.nz