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KiwiSaver Savings Suspension
Author: Maxine Hefford
Date: 21/4/20
Version: 1.0
Overview

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KiwiSaver savings suspension is when an employee takes a break from making KiwiSaver contributions.
The holiday period is limited to between three and 12 months and must be applied for and approved by the Inland Revenue Department.
For further information refer to: https://www.ird.govt.nz/kiwisaver

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Datacom will action the change to employee's KiwiSaver set up as per the client's request. They will also check the pay packet to see that the pay packet reflects the changes made.

  • Employee deduction will be suspended
  • Future date will be added to resume deductions (if provided)
  • Unless otherwise advised, Employer deductions will also be suspended