#1 - Mr O'Brien 2008-07-13 10:17 - (Reply)

KiwiSaver !!! I am getting the feeling that this 'KiwiSaver' is a 'Numbers' game for the Labour party. I signed up thinking that I had a little time to make up my mind whether to stay in or not. As you know, everything has gone up, petrol, food, and anything else you can think of apart from my wages, I did not get a wage rise this year. I have worked out my finances and at the end of the day, if I have to stay in this 'KiwiSaver', I will be loosing money not saving it like I use to. I went to IRD, on the phone, it says press '4' if you want to 'Opt' out of 'KiwiSaver', now that is just false advertising because IRD say you can not get out of 'KiwiSaver' once you have signed up, there is no time in which you may re-think your decission. I have a new family now so things are going to get even harder for us thanks to Labour. Why 'Numbers' game, well they can now say to you that they have X amount of people on 'KiwiSaver' even though a lot maybe in hardship now and want to opt out if they could. Note: I have only been signed up for 4 to 5 weeks. So why can't we 'Opt' out ?, or is this just another 'TAX' gathering program. Regards Mr O'Brien