Hi All,
I have been surfing around on different websites, hearing of all types of horror stories in regards to the Kiwisaver scheme. I am 27 and have been a member of the British Army for the past 11 years and therefore qualify for a pension at age 55. That pension is nothing to shout about, however with my self joining the NZDF I have the option to go on the Kiwisaver scheme. My question is if I was to complete 10 plus years on Kiwisaver would I have to forfeit my British Army pension to gain my Kiwisaver or vice versa. I have also heard of people being told by Kiwisaver "That they would not recieve there pension from them as they already have a penision scheme build up in another country"?
I do apologise in advance if this question has came up before. Many thanks.
Luke