Government Contribution: Bonus Money

If you want to maximise the KiwiSaver Government Contribution, please remember to check how much you have contributed to date and top up your KiwiSaver account before 30 June 2024 if you need to.

When you contribute $1 to your KiwiSaver account, the Government matches it with 50 cents. This is known as the Government Contribution and it’s an excellent way to enhance your KiwiSaver savings. To learn more about how the Government Contribution works, please visit

The maximum you may be entitled to is $521.43 per annum.

To receive the full amount, you need to have contributed at least $1,042.86 to your KiwiSaver account during KiwiSaver financial year (between 1 July and 30 June). Some criteria apply.

If you are employed and are contributing from your pay, some payments might still be on their way and haven’t been processed yet. You can check myIR account at to see these payments.

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How do I pay into my KiwiSaver account?

To ensure you don’t miss out on the Government contribution, make sure to top up your KiwiSaver account before 30 June 2024. You can set up regular or lump sum contributions directly into your KiwiSaver account from your online banking system.

If you are employed, we suggest reviewing your contribution rate to see if it’s enough to qualify for the maximum Government contribution amount. You can increase it to maximise this benefit. The rates at which you can contribute from your pay are 3%, 4%, 6%, 8% or 10%.

Need a hand?

Get in touch with a Mercer Financial Adviser.

Call: 0508 637 237 (if you are calling from overseas: +61 3 8306 0971) from 9.00am - 7.00pm Monday – Friday.

We also recommend you speak to one of the team before or straight after you switch your KiwiSaver investment to Mercer. Sometimes a simple conversation can make a world of difference for your financial future.

Alternatively, you can also fill out this online form for a call back from Mercer’s financial advice team

The above article is general information and does not purport to give financial advice. The Mercer KiwiSaver scheme and Mercer FlexiSaver are issued by Mercer (N.Z.) Limited. Product Disclosure Statements are available free of charge at