Told ya this would happen

Employers’ KiwiSaver dodge cuts pay for workers – 12 Apr 2008 – NZ Herald: New Zealand National news

Employers are deferring any pay rises to employees in Kiwislaver using their 1% contribution as the justification. I’ve gotta say that I predicted this would happen. Anyone with half a brain could have foreseen this happening. I said at the time that it was a pay-rise that you wouldn’t see until retirement.

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