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Number of savings suspensions by type each month.

The two line bars on this graph represent the two savings suspension types (Financial hardship and Ordinary). The vertical axis shows the number of KiwiSaver members. The horizontal axis represents data from March 2020 to March 2021.

In March 2021:

  • 116.9 thousand KiwiSaver members were on a savings suspension, down from 138.4 thousand in March 2020.
  • 1060 KiwiSaver members were on financial hardship, up from 250 in March 2020.
  • 115.9 thousand KiwiSaver members were on ordinary savings suspensions, down from 138.2 thousand in March 2020.

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 five years.  

In March 2021:

  • 116.9 thousand members were on savings suspensions, down from 138.4 thousand in March 2020.
  • 32,930 members were on savings suspensions up to 12 months, down from 37,550 in March 2020.
  • 8,250 members were on savings suspensions for 13 to 24 months, up from 3,770 in March 2020.
  • 3,010 members were on savings suspensions for 25 to 36 months, down from 3,200 in March 2020.
  • 73 thousand members were on savings suspensions for over 36 months, down from 93.9 thousand in March 2020.

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.