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Number of savings suspensions by type each month

The two line bars on this graph represent both types of savings suspensions:

  • financial hardship
  • ordinary.

The vertical axis shows the number of KiwiSaver members. The horizontal axis represents data from December 2019 to December 2020.

In December 2020, of KiwiSaver members:

  • 125,100 were on a savings suspension, down from 135,300 in December 2019
  • 950 were on financial hardship, up from 140 in December 2019
  • 124,200 were on ordinary savings suspensions, down from 135,200 in December 2019.

Number of savings suspensions by type each financial year

This graph has 2 lines. The vertical axis shows the number of KiwiSaver members who are on contributions holiday due to financial hardship or ordinary holiday. The horizontal axis represents data from June 2011 to June 2020.

In June 2020, of KiwiSaver members:

  • 137,000 were on contributions holiday, up from 64,000 in June 2011
  • 358 were on financial hardship, down from 383 in June 2011
  • 136,000 were on ordinary hardship, up from 63,000 in June 2011.

Number of savings suspensions by duration each month

This graph shows the number of KiwiSaver members who are on a savings suspension for less than 12 months to 5 years.

In December 2020, of KiwiSaver members:

  • 125,100 were on savings suspensions, down from 135,300 in December 2019
  • 37,260 were on savings suspensions up to 12 months, up from 26,320 in December 2019
  • 6,740 were on savings suspensions for 13 to 24 months, up from 4,680 in December 2019
  • 3,050 were on savings suspensions for 25 to 36 months, down from 3,360 in December 2019
  • 78,000 were on savings suspensions for over 36 months, down from 101,00 in December 2019.

Number of savings suspensions by duration each financial year

This graph has ten stacked vertical bars. The vertical axis shows the number of KiwiSaver members who are on a savings suspension. The horizontal axis represents data from June 2011 to June 2020.

In June 2020, of KiwiSaver members:

  • 40,000 were on savings suspensions for 12 months or less, up from 6,000 in June 2011
  • 4,500 were on savings suspensions for 13 to 24 months, up from 3,300 in June 2011
  • 3,100 were on savings suspensions for 25 to 36 months, up from 1,800 in June 2011
  • 89,000 were on savings suspensions for over 36 month, up from 53,000 in June 2011.