The superannuation systems in New Zealand and Australia are different. Superannuation in Australia is a compulsory system whereby employers are required to contribute a percentage of their employees’ salaries to a superannuation fund. The fund is designed to provide retirement savings for Australian workers, and employees can choose which fund their contributions are paid into. In New Zealand, the superannuation system is a universal pension scheme known as New Zealand Superannuation. Under this system, all eligible New Zealand citizens and permanent residents aged 65 or over are entitled to a regular payment from the government to help support them in retirement. The payment amount is based on a number of factors, including the individual’s income, living arrangements, and marital status. Many New Zealanders also choose to save for retirement through KiwiSaver, a voluntary savings scheme that allows individuals to contribute a percentage of their income to a savings account. Employers are also required to contribute to their employees’ KiwiSaver accounts.