If your company is part of the ACC Partnership Programme or has an ACC Employer Reimbursement Agreement, you may be responsible for paying lost earnings compensation directly to injured employees. It is important to ensure employees who are KiwiSaver members continue to have deductions made from taxable weekly compensation.
ACC Partnership Programme (Accredited Employers)
Under the ACC Partnership Programme, your company takes responsibility for your employees’ work injury claims for the length of your claims management period. This includes the delivery of all entitlements, such as weekly compensation.
Important points about KiwiSaver
- ACC is not involved in your injured employee’s KiwiSaver membership, or their KiwiSaver contributions.
- You must continue deducting your injured employee’s KiwiSaver contributions from taxable weekly compensation. The deduction should be at the same rate as they paid before their injury, unless your employee instructs you to change the contribution rate.
- KiwiSaver contributions must be deducted from all taxable weekly compensation payments. This includes payments made to a surviving spouse, partner or dependents following a death from an injury.
- If the injured employee wants to stop their KiwiSaver contributions, they have to apply to Inland Revenue for a contributions holiday.
- When your claims management period comes to an end, ACC will start paying the injured employee weekly compensation (if they are entitled to continue receiving weekly compensation). If the injured employee still wishes to contribute to KiwiSaver they will need to instruct ACC to set up a KiwiSaver contribution.
ACC Employer Reimbursement Agreement
Injured employees may be entitled to receive weekly compensation. If your company has an ACC Employer Reimbursement Agreement you, as the employer, pay weekly compensation directly to those employees. ACC then reimburses you for the payment.
The agreement is designed to make it easier for you, the employer, and your injured employees. It simplifies the payment process. Injured employees can receive weekly compensation, and any other benefits you offer, promptly and from one source.
Important points about KiwiSaver
- ACC is not involved in your injured employees’ KiwiSaver membership, or their KiwiSaver contributions.
- You must continue deducting your injured employee’s KiwiSaver contributions from taxable weekly compensation. The deduction should be at the same rate as they paid before their injury, unless your employee instructs you to change the contribution rate.
- If the injured employee wants to stop their KiwiSaver contributions, they have to apply to Inland Revenue for a contributions holiday.
- ACC does not reimburse employer contributions to superannuation schemes. That means we will not reimburse employer contributions to injured employees’ KiwiSaver accounts.
KiwiSaver contact information | |
|---|---|
KiwiSaver website |
KiwiSaver (external link) |
KiwiSaver call centre |
0800 KIWISAVER (0800 549 472) |
Last updated: 15 December 2008