Information about retirement savings schemes that are or have been offered by State sector employers.

KiwiSaver schemes are now available through all employers in New Zealand. The other six superannuation schemes listed on this page manage employees' savings accounts for multiple State sector employers. Use the links below for more information.

Can you afford the lifestyle you want in your retirement?

Your future - Your choice

Think about what you want your life to be like in the future, and then ask yourself the following questions:

  • How much money will I need to live on?
  • When eligible, how much money will I get from New Zealand Superannuation?
  • How long am I likely to live in retirement?

To maintain their current lifestyle in retirement, some people aim to have about 70% of what their income was before they retired. Compare this with what you might get from New Zealand Superannuation.

Currently, NZ Superannuation for a couple over 65 is about $28,594 a year after tax. Single retirees living alone get about $18,586.

On average, 65-year-old men can expect to live until they're 84, and 65-year-old women until they're 86. So if you plan to retire at 65 you need to save enough to provide income for about 20 years.

Where can I get advice?


The Sorted website has tools and resources that can help with your retirement planning This includes calculators to help work out how much you need to save for your retirement and how much you can save through KiwiSaver.

Visit the Sorted website for calculators and information about everyday money matters.

If you are already saving, talk to your Scheme provider or another financial advisor about the best options for you.

See also: Important information on transferring UK pensions.

State Sector Superannuation Schemes



KiwiSaver schemes are offered to all eligible New Zealanders, including State sector employees. KiwiSaver started on 1 July 2007.

KiwiSaver changes from 1 April 2013:
The Government has changed KiwiSaver in some important respects, effective 1 April 2013. Check out the KiwiSaver website for more details. SSC has provided guidance for State sector employers on the legislation changes for KiwiSaver, and FAQs for employers and employees around the changes to KiwiSaver. Both legislation and government policy relating to KiwiSaver, and to retirement savings generally, are at all times subject to change.

For more information please see


The State Sector Retirement Savings Scheme (SSRSS), launched in July 2004, was a voluntary retirement savings scheme that was designed for State sector employees. Since 1 April 2008, the SSRSS has been closed to new members employed by all participating employers (Note SSRSS was closed for State and State-integrated schools since 30 September 2008).

For more information please see


The Teachers' Retirement Savings Scheme (TRSS) was launched by the Ministry of Education in September 2002, for teachers or principals in a State or State-integrated school in New Zealand, who are union members. The TRSS stopped accepting new members on 30 September 2008.

For more information please see


The Individual Retirement Plan (IRP), originally part of the former Global Retirement Trust (GRT), was launched in February 1993. It has been closed to new members since December 2012. In late 2015, management of the Individual Retirement Plan was transitioned into the Mercer Super Trust.

For more information please contact:


The Government Superannuation Fund (GSF) was established in 1948. The GSF Schemes were closed to new members employed in the State sector from 1 July 1992.

For more information please see


The National Provident Fund (NPF) administers 11 superannuation schemes. The NPF schemes were closed to new members with effect from 31 March 1991.

For more information please see

Transferring UK pensions - important information

Have you worked in the United Kingdom and now plan to live and retire in New Zealand? If so, do you have a pension scheme from your UK employment that you would like to transfer to New Zealand? Your pension provider in the UK will be able to tell you what options you have if you have permanently emigrated from the UK. One option is that you may be able to close your UK pension scheme and transfer a lump sum payment into a New Zealand registered superannuation scheme. The New Zealand scheme must have Qualifying Recognised Overseas Pension Scheme (QROPS) status.

A very useful website containing information on QROPS is the site for Her Majesty's Revenue and Customs, see home page:

On this site, you will find information about transferring the value of your UK pension scheme to a QROPS scheme. There is guidance about how to transfer your pension, and information about the legislation and regulations governing QROPS schemes. There is also a list of New Zealand superannuation scheme providers that offer approved QROPS schemes.

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