Early access to KiwiSaver for people with life-shortening congenital conditions

July to September 2019 by theMinistry of Business, Innovation and Employment(the individual documents are available in MBIE's document library).

This information release was added to the tax policy website on 13 January 2020.

The Ministry of Business, Innovation and Employment released these documents between July and September 2019:

Withdrawal of KiwiSaver for life-shortening congenital conditions

Cabinet paper with proposals for changes to KiwiSaver to allow people with life-shortening congenital conditions to withdraw their savings early.

Reference: DEV-19-SUB-0176

Withdrawal of KiwiSaver due to life-shortening congenital conditions

Assessment prepared by the Ministry of Business, Innovation and Employment on the regulatory implications for creating a new early withdrawal category in the KiwiSaver Act 2006.

Reference: attachment to the Cabinet paper submission DEV-19-SUB-0176

Withdrawal of KiwiSaver for life-shortening congenital conditions

Cabinet minute confirming the decision to make changes to KiwiSaver for life-shortening congenital conditions.

Reference: DEV-19-MIN-0176

Possible Changes to KiwiSaver Act 2006 in relation to members with life-shortening congenital conditions

Paper prepared by Dr Claire Matthews and Donna Mitchell.

Supplementary Order Paper - Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill

Cabinet paper proposing to release a Supplementary Order Paper that creates a new early withdrawal category in the KiwiSaver Act 2006 for people with life-shortening congenital conditions.

Reference: LEG-19-SUB-0113

Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill: Supplementary Order Paper

Cabinet minute confirming the decision to release the Supplementary Order Paper.

Reference: LEG-19-MIN-0113

DEV-19-SUB-0176–Withdrawal of KiwiSaver for life-shortening congenital conditions

The Cabinet paper was considered by the Cabinet Economic Development Committee on 26 June 2019 and confirmed by Cabinet on 1 July 2019.

LEG-19-SUB-0113–Supplementary Order Paper - Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill

The Cabinet paper was considered by the Cabinet Legislation Committee on 6 August 2019 and confirmed by Cabinet on 12 August 2019.

Two attachments to the Cabinet paper are not included as they are publicly available:

• Supplementary Order Paper No 293(released on 13 August 2019, dated 20 August 2019)
• Revised departmental disclosure document(released on 13 August 2019, dated 12 August 2019)

Related news items

• Media statement by the Hon Kris Faafoi:KiwiSaver changes provide savings access for people with shortened life expectancy(21 July 2019)
• Tax policy news item:SOP to the KiwiSaver Bill released(3 August 2019)

Other information

The single PDF with all the documents is provided for convenience.