OpinionOpinion byGreg SmithNZ Herald·23 Jun, 2026 05:00 PM9 mins to readGreg Smith is an investment specialist at GenerateNational’s plan would lift KiwiSaver contributions to 12% by 2032. Photo / 123RFNew Zealand has spent years talking about retirement saving. What the current political debate around KiwiSaver does is put a number on what serious saving actually looks like.That number is 12.

The proposal now on the table from National is to move KiwiSaver towards compulsory participation, with employee and