Ngā tauanga mō te whakatārewa penapena a ngā mema KiwiSaver Statistics on KiwiSaver members on savings suspensions

KiwiSaver monthly data from July onwards is available in an Excel download located on the Datasets for KiwiSaver statistics page

Datasets for KiwiSaver statistics

Number of savings suspensions by type each month

This graph shows the number of savings suspensions by type, over the past 12 months.

The 2 line bars on this graph represent the 2 savings suspension types (financial hardship and ordinary). The vertical axis shows the number of KiwiSaver members. The horizontal axis represents data over the past 12 months.

Notes:

1. Active members can request savings suspensions. There are two types of savings suspension:
1. ordinary - can be granted to any member after 12 months of membership
2. financial hardship - can be granted earlier for members in financial hardship.

In July 2023:

• 101,812 KiwiSaver members were on savings suspensions, up from 99,135 in July 2022
• 1,743 KiwiSaver members were on financial hardship, up from 986 in July 2022
• 100,069 KiwiSaver members were on ordinary savings suspensions, up from 98,149 in July 2022.

Number of saving suspension by type as at 30 June

This graph shows the number of savings suspensions by type as at 30 June.

This graph has 2 lines. The vertical axis shows the number of KiwiSaver members who are on a savings suspension due to financial hardship or ordinary holiday. The horizontal axis represents data from June 2012 to June 2022.

Note:

Active members can request a savings suspension. There are two types of savings suspensions:

1. ordinary - can be granted to any member after 12 months of membership
2. financial hardship - can be granted earlier for members in financial hardship

In June 2022, 99,910 KiwiSaver members were on saving suspension, up from 83,151 in June 2012. Of these:

• 1,030 were on a financial hardship savings suspension, up from 219 in June 2012
• 98,880 were on an ordinary savings suspension, up from 83,151 in June 2012.

This data is provided through Excel files located at the bottom of this page, and on the KiwiSaver datasets page.

The annual data is due to be updated by 30 September.

Suspending KiwiSaver deductions and contributions

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.

This graph has 13 stacked vertical bars. The vertical axis shows the number of KiwiSaver members who are on a saving suspension. The horizontal axis represents data from the past 12 months.

Notes:

1. Only active members can request savings suspensions.
2. There are two types of savings suspensions:
1. ordinary - can be granted to any member after 12 months of membership
2. financial hardship - can be granted earlier for members in financial hardship.
3. From 1 April 2019 an employee can apply for a savings suspension for a period from 3 months to 1 year. Previously, the period allowed was anywhere from 3 months to 5 years.

In July 2023:

• 101,812 members were on savings suspensions, up from 99,135 in July 2022
• 61,414 members were on savings suspensions up to 12 months, up from 42,461 in July 2022
• 12,639 members were on savings suspensions for 13 to 24 months, up from 8,952 in July 2022
• 4,227 members were on savings suspensions for 25 to 36 months, up from 3,987 in July 2022
• 23,532 members were on savings suspensions for over 36 months, down from 43,735 in July 2022.

This data is provided through Excel files located at the bottom of this page, and on the KiwiSaver datasets page.

Number of savings suspensions by duration as at 30 June

This graph shows the number of savings suspensions, by duration, as at 30 June.

This graph has 10 stacked vertical bars. The vertical axis shows the number of KiwiSaver members who are on a saving suspension. The horizontal axis represents data from June 2012 to June 2022.

Notes:

Active members can request a savings suspension. There are two types of savings suspensions:

1. ordinary - can be granted to any member after 12 months of membership
2. financial hardship - can be granted earlier for members in financial hardship
3. savings suspensions can be for a period of up to five years. If a member does not specify a length, the default period is five years.

In June 2022:

• 41,791 members were on saving suspension for 12 months or less, up from 5,888 in June 2012
• 8,557 members were on saving suspension for 13 months or more, but not exceeding 24 months, up from 3,476 in June 2012
• 4,004 members were on saving suspension for 25 months or more, but not exceeding 36 months, up from 1,878 in June 2012
• 45,558 members were on saving suspension for 36 months or more, down from 72,128 in June 2012.

From 1 April 2019 an employee can apply for a savings suspension for a period from 3 months to 1 year. Previously, the period allowed was anywhere between 3 months to 5 years.

This data is provided through excel files located on the KiwiSaver datasets page.

Datasets for KiwiSaver statistics

The annual data is due to be updated by 30 September.