Established by the New Zealand Dairy Board in 1952 solely for dairy industry employees, the Scheme is one of the oldest and largest employer-sponsored restricted workplace savings schemes in New Zealand. Until 1990 it operated as a pension scheme and there are still some members (or their spouses) who receive a pension.
Today, the Dairy Industry Superannuation Scheme (DISS) continues to offer employees of participating co-operative dairy companies or corporate bodies (invited by the Dairy Industry Superannuation Scheme Trustee Limited ("the Trustee")) the opportunity to join the Scheme.
DISS currently has 13 participating employers:
The Scheme is registered under the Financial Markets Conduct Act 2013.