Government announces list of life-shortening conditions under new KiwiSaver withdrawal category

Published: 25 February 2021

The Government has announced the following list of life-shortening congenital conditions will guarantee people early withdrawal under a new KiwiSaver category created last year:

  • Down syndrome
  • Cerebral palsy
  • Huntington’s disease
  • Fetal alcohol spectrum disorder.

People with these conditions will be automatically entitled to apply to withdraw from their fund at a time that is right for them to retire, rather than once they turn 65. Other people born with life-shortening congenital conditions can still withdraw from their fund under the new provisions – the only additional requirement is for a medical practitioner to verify that they suffer from a life-shortening congenital condition.

The regulations under the KiwiSaver Act 2006 come into effect on 26 March 2021. 

Read the Beehive media release(external link)

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Last updated: 25 February 2021