The Team's Board Report - Mainfreight
The Team's Board Report - Mainfreight
The Team's Board Report - Mainfreight
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29<br />
Service Achievements<br />
<strong>The</strong> following members of our team have celebrated, or will shortly celebrate<br />
20 years or more with us:<br />
Raymond Linton-Brown 35 years Daily Freight Auckland<br />
Ramnand Moti 25 years Daily Freight Auckland<br />
Craig Evans 20 years National Team<br />
David Farrell 20 years <strong>Mainfreight</strong> Rotorua<br />
Jim Cullen 35 years Daily Freight Auckland<br />
Lloyd Rivers Smith 30 years Daily Freight Auckland<br />
Dick Moa 20 years <strong>Mainfreight</strong> Dunedin Owner Driver<br />
Bobby Dougherty 20 years <strong>Mainfreight</strong> Wellington Owner Driver<br />
Don Campbell 25 years <strong>Mainfreight</strong> International Auckland<br />
Oriana Laumea 20 years <strong>Mainfreight</strong> Wharf Auckland<br />
Thank you for your loyalty, dedication and hard work.<br />
What an achievement!<br />
KiwiSaver – New Zealand<br />
With effect from 1 July, the New Zealand<br />
Government has introduced KiwiSaver, a<br />
voluntary savings initiative created to encourage<br />
people to save for their retirement.<br />
<strong>Mainfreight</strong> is fully supportive of the KiwiSaver<br />
concept. We have decided to make<br />
contributions ahead of the current timetable and<br />
introduce the 1% employer contribution from 1<br />
July 2007.<br />
In short, money is paid from your wages or<br />
salary and put into a savings fund. You may<br />
withdraw your savings when you are eligible for<br />
NZ Super (currently when you turn 65) or after<br />
five years’ membership, whichever is later.<br />
BENEFITS (Some are subject to eligibility)<br />
• A $1,000 kick-start payment from the<br />
government<br />
• A payment from the government matching<br />
your contributions for the year, up to a<br />
maximum of $1,042<br />
• Contributions to your fund by <strong>Mainfreight</strong><br />
from 1 July 2007 (provided you are<br />
contributing)<br />
• A $40 payment from the government each<br />
year towards the fees charged by your fund<br />
• After 3 years withdraw all or part of your<br />
savings as a deposit towards the purchase of<br />
your first home<br />
• After 1 year split your contributions and use<br />
up to half to repay the mortgage on your own<br />
home<br />
TEAM MEMBER CONTRIBUTIONS<br />
• You can contribute either 4% or 8% of your<br />
before-tax wages or salary (this includes<br />
bonuses)<br />
• You can make voluntary lump sum<br />
contributions to your fund<br />
• After 1 year you may apply to take a<br />
contributions holiday for up to 5 years, as<br />
many times as you like<br />
MAINFREIGHT’S PREFERRED PROVIDER<br />
• Your savings will be invested in a KiwiSaver<br />
scheme. <strong>The</strong>re are a wide range of schemes<br />
and you may join any KiwiSaver scheme you<br />
choose<br />
• <strong>Mainfreight</strong> has chosen ASB KiwiSaver as<br />
its preferred supplier. If you do not specify<br />
which KiwiSaver scheme you wish to<br />
join your savings will be placed with ASB<br />
KiwiSaver<br />
JOINING KIWISAVER<br />
• If you were a <strong>Mainfreight</strong> Group team<br />
member at 1 July 2007, you need to opt in if<br />
you want to join KiwiSaver<br />
For forms or further information on<br />
KiwiSaver, contact the Training Centre on<br />
09 256-9450 or email Donna Barrett at<br />
donna.barrett@mainfreight.co.nz.