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What is KS2 Form (KiwiSaver Deduction Form)?

The KS2 is the IRD form you give your employer to start contributions or change your contribution rate.

Detailed Explanation

Use a KS2 to opt into KiwiSaver via your employer, restart contributions after a savings suspension, or move between the 3%, 4%, 6%, 8%, and 10% contribution rates. Hand the completed form to your payroll team; the change applies from the next pay run.

Example

You currently contribute 3% and want to move to 6%. Download a KS2 from ird.govt.nz, tick 6%, sign, and give it to your payroll team.

Frequently Asked Questions

How often can I change my rate?

Default cooldown is 3 months between changes; earlier changes need employer agreement.

Related Terms

Employer ContributionContribution HolidayVoluntary Contribution
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