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Number of saving 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 2019 to March 2020. 

KiwiSaver savings suspensions by type

In March 2020:

  • 138.4 thousand KiwiSaver members were on a savings suspension, up from 136.2 thousand in March 2019.
  • 250 KiwiSaver members were on financial hardship, up from 140 in March 2019.
  • 138.2 thousand KiwiSaver members were on ordinary savings suspensions, up from 136 thousand in March 2019. 

Number of saving 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 2010 to June 2019.

Line graph showing annual KiwiSaver savings suspensions by type 

In June 2019:

  • 136 thousand KiwiSaver members were on contributions holiday, up from 46 thousand in June 2010.
  • 136 KiwiSaver members were on financial hardship, down from 494 in June 2010.
  • 136 thousand KiwiSaver members were on ordinary hardship, up from 45 thousand in June 2010.

Number of saving 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. 

KiwiSaver savings suspension by duration from March 2019-March 2020

In March 2020:

  • 138.4 thousand members were on savings suspensions, up from 136.2 thousand in March 2019.
  • 37,550 members were on savings suspensions for 12 months or less, up from 9,640 in March 2019.
  • 3,770 members were on savings suspensions for 13 to 24 months, down from 6,840 in March 2019.
  • 3,200 members were on savings suspensions for 25 to 36 months, down from 3,810 in March 2019.
  • 2,000 members were on savings suspensions for 37 to 48 months, up from 1,280 in March 2019.
  • 1,000 members were on savings suspensions for 49 to 59 months, up from 370 in March 2019.
  • 91 thousand members were on savings suspensions for 60 months, down from 114.2 thousand in March 2019 

Number of saving suspensions by duration each financial year

This graph shows the number of KiwiSaver members who are on a savings suspension for less than 12 months to five years between June 2010 and June 2019.

Bar graph showing annual KiwiSaver savings suspensions by duration

In June 2019:

  • The number of members on savings suspensions remained at 135.8 thousand between June 2018 and June 2019.
  • 15,885 members were on savings suspensions for 12 months or less, up from 9,453 in June 2018.
  • 6,065 members were on savings suspensions for 13 to 24 months, down from 6,613 in June 2018.
  • 3,659 members were on savings suspensions for 25 to 36 months, down from 3,748 in June 2018.
  • 1,483 members were on savings suspensions for 37 to 48 months, up from 1,271 in June 2018.
  • 769 members were on savings suspensions for 49 to 59 months, up from 360 in June 2018.
  • 107 thousand members were on savings suspensions for 60 months, down from 114 thousand in June 2018.