Very occasionally, an employee will join UniSaver as a category B member because their employer is already contributing or required to contribute to another superannuation scheme on their behalf. For example, you might be a member of the Government Superannuation Fund. While you won't qualify for an employer subsidy, you are able to enjoy the other benefits of belonging to UniSaver. This may include KiwiSaver compulsory employer contributions equal to 3% of your salary if you join UniSaver's locked section.

Joining the locked section

UniSaver is split into two sections – the standard section and the locked section, which works much like KiwiSaver. The locked section is a complying superannuation fund, which means it can offer some KiwiSaver benefits because it complies with rules like KiwiSaver. To join the locked section, you need to be a New Zealand citizen or entitled to live in New Zealand indefinitely aged 18 years or over.

The locked section provides government contributions in exchange for locking in contributions in the same way as KiwiSaver (generally to age 65). As long as your contribute at least $1,042.86 per year to the locked section, you will receive an extra $521.43 each year from the government. Government contributions are only made up to age 65. The benefits are determined by the government, so these may change in the future.

Your employer doesn’t contribute to your savings in the standard section if you’re a category B member. However, they will contribute compulsory KiwiSaver employer contributions of 3% of salary to your savings in the locked section if they are not already contributing to KiwiSaver for you. That’s extra money in addition to the government contribution.

Contribution options

Here are the contribution options for category B members.

Permanent employees

  • You can contribute any multiple of 0.5% of your salary with a minimum of 4%. There is no upper limit. 
  • Your employer won’t contribute to your savings unless you join the locked section.
  • If you also choose to join the locked section also:
    • you must direct at least 3% of your salary to your member locked account (in multiples of 0.5%), with the balance (if any) paid to your member standard account 
    • your employer is required to contribute 3% to your employer locked account unless they are already contributing to a KiwiSaver scheme for you
    • your minimum contribution decreases to 3% if your employer is making compulsory contributions of 3% to your UniSaver employer locked account.
  • You can choose to join the locked section only. If you do, all your contributions and your employer contributions will be paid to your locked accounts.

Fixed-term employees

  • You can contribute any multiple of 0.5% of your salary with a minimum of 4%. There is no upper limit. 
  • All your contributions will be paid to your member locked account. 
  • Your employer is required to contribute 3% of your salary to your employer locked account unless they are already contributing to a KiwiSaver scheme for you. 
  • Your minimum contribution decreases to 3% if your employer is making compulsory contributions of 3% to your employer locked account.

For the purposes of UniSaver, salary is your remuneration from your employer, excluding overtime, bonuses, penal payments or other allowances.

Changing your contributions

You can change your regular contributions from your salary at any time subject to the minimum contribution rates set out here. To change your contributions, complete a change contributions form [PDF, 103 KB]. Send it to your HR/payroll representative or superannuation officer. If you are a permanent employee contributing to UniSaver’s standard section only, you can also use this form to join the locked section.