Superannuation and KiwiSaver

Massey University employees have a number of superannuation options available to them, as detailed below.

UniSaver Superannuation Schemes

This is a ‘cash accumulation’ scheme (defined contribution) open to all Massey University staff but only employees with permanent employment or a fixed-term employment agreement which has two years or more to run before its expiry date may join as a ‘subsidised member’, and provided you are not being subsidised by the University in the GSF scheme scheme (the GSF scheme was closed for new member many years ago).

Unsubsidised membership is available to staff ineligible for the employer subsidy.

UniSaver also has a "complying fund" section which gives subsidised members an opportunity to choose to enjoy similar benefits (e.g. tax credits on personal contributions and a tax exemption on employer contributions) to those that are available under the Government’s KiwiSaver Scheme.

Full information about the UniSaver Superannuation Scheme can be found at the UniSaver website or else contact the or phone extn 85299 to request copies of the latest scheme documents. The membership application form is at the back of the scheme’s Investment Statement and upon completion should be returned to the HR Services, PN202.


A Government initiative to encourage New Zealanders to save, this scheme is open to all employees provided you are under the age of eligibility for NZ Superannuation (currently 65), are entitled to live in New Zealand indefinitely and who normally personally present in New Zealand.

KiwiSaver membership is voluntary.

You can join KiwiSaver if you're:

       a New Zealand citizen, or entitled to live in New Zealand indefinitely, and

       living or normally living in New Zealand (with some exceptions), and

       below the age of eligibility for NZ Super (currently 65).

You can't join KiwiSaver if you're:

       holding a temporary, visitor, work or student permit

Information about the KiwiSaver Scheme can be found at the KiwiSaver website.

It is important to note that Massey is an exempt employer. This means there will be no automatic enrolments into KiwiSaver and you must opt in by completing the KS2 deduction form from the KiwiSaver Employee Information Pack or alternatively by applying directly to a KiwiSaver Scheme Provider. Massey University does not have a preferred scheme provider.

KiwiSaver members aged 18 and over will receive a compulsory employer subsidy of 3% on their before-tax pay. If the University is contributing to another work-based superannuation scheme on your behalf, then those other employer contributions may count towards this KiwiSaver subsidy.

Government Superannuation Fund

This is a ‘defined benefit’ scheme which has been closed to new members since 1992. Existing GSF members can find further information at the GSF Website.

NZ Superannuation

This is a state funded pension for New Zealand citizens or permanent residents who are aged 65 or over and who meet specified criteria as to length of time living in New Zealand. Information about NZ Superannuation can be found at the Work & Income website.

Note: The HR Section can only provide factual information about superannuation. Therefore, staff seeking financial advice about retirement savings, investments or superannuation options should contact an independent and suitably qualified person such as a financial advisor/planner. There are also helpful guides and calculators available at the website Sorted.

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