KiwiSaver Bill introduced

The government has introduced the KiwiSaver Bill, which establishes the voluntary, work-based savings scheme announced in Budget 2005. The scheme will be administered by Inland Revenue and the Ministry of Economic Development, and is expected to come into effect on 1 April 2007. For more information see the government's media statement and associated documents at www.treasury.govt.nz/kiwisaver/ [original link no longer available].