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Labour’s KiwiSaver Boost Plan | Auckland News
Labour’s bold KiwiSaver overhaul kicks in July 2028, forcing employers to chip in at least 6% by 2032—no matter if you’re on parental leave or pausing your own contributions. Workers get more freedom too: the default contribution drops to 4%, and there’s no longer a minimum—you can save less if needed. They’re also banning new total remuneration contracts and eyeing flexible options for the self-employed. Targeting the million KiwiSaver members currently not contributing, Labour frames this as a fairer, more adaptable system that protects savings through life’s twists—and they’re rolling it…
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