[stubbornforgey]

Kiwisaver,
the government kick start the worker off with 1000$'s bank acc.
the employee sign an agreement with the employer [its not compulsary}
The employer will match dollar for dollar the amount you wish to deducted into
your KS savings account, which also collects interest.
The govt pays the employer an annual fee
and awards them by giving them tax credit
on thier businesses.

Not all businesses are in the scheme.


It was introduced as an incensitive for new zealanders to save.
We are our worst enemy.
By the way, you don't have to be a Nzder to be in the scheme...
its just called that.
Australia has something similar.