The KiwiSaver Act allows you to elect to transfer to the BCF Scheme so long as you meet the eligibility requirements (and to transfer, you don’t have to be aged below 65). As you can only be a member of one KiwiSaver scheme at a time, if you choose to transfer then you must transfer your entire KiwiSaver account balance to the BCF Scheme (and you will then no longer be a member of your existing scheme). Your existing KiwiSaver scheme may charge you a transfer fee.
