Annoying KiwiSaver

Currently Im an IT student living in Palmerston North. Week or so ago I scored myself a great weekend salesperson job, today I had orientation and signed contracts etc. etc. It pissed me off that I had to first fill out the kiwisaver form and then straight after fill out another form to opt out of it. Not only did it waste my time and pen ink but it also wastes time and more importantly money, for someone else to actually process these forms. To be honest I dont really know much about kiwisaver and was wondering why its compulsory? Someone told me that its going to die soon anyway, is this true?

Any thoughts on kiwisaver??

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