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Fairness and equity restored to KiwiSaver
Friday, December 12th, 2008
Fairness and equity restored to KiwiSaver
Fairness and equity between employees who join KiwiSaver and those who don't has been restored in Parliament, says David Lowe, Manager of Employment Services for the Employers and Manufacturers Association (Northern).
"EMA welcomes protections to ensure employees cannot have their pay reduced because of KiwiSaver," Mr Lowe said.
"Under Trevor Mallard's law passed without consultation earlier this year those workers not allowed to join KiwiSaver, or who chose not to, had to be paid less than workers who joined the scheme.
"Mr Mallard's law made employers pay twice. Employers that offered the equivalent of the employer KiwiSaver contributions in cash to employees who did not join the scheme had to pay again if the employee later changed their mind and joined.
"Employee protections are included in the new law ensuring a person's pay cannot be reduced."
ENDS
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