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Payments to scheme providers by category each month

This graph shows the payments amount made to scheme providers by:

  • employee deductions
  • employer contributions
  • Kick-start
  • voluntary contributions
  • interest paid by Inland Revenue
  • member tax credit.

In December 2020:

  • $573.3 million has been paid to scheme providers, up from $408 million in December 2019
  • $364.1 million represents employee deductions, up from $248.6 million in December 2019
  • $206.1 million represents employer contributions, up from $155.1 million in December 2019
  • $2.4 million represents voluntary contributions, down from $3.7 million in December 2019
  • $0.1 million represents IR interest paid, down from $0.5 million in December 2019
  • $0.6 million represents member tax credit, up from $0.2 million in December 2019.

Payments to scheme providers by category each year

This graph shows the total amount of employee deductions, employer contributions, voluntary contributions, government contributions, kick starts and interest paid by Inland Revenue to scheme providers during each financial year since KiwiSaver was introduced.

This graph has 10 stacked vertical bars. The vertical axis shows the payments amount made to scheme providers by category. The payments to scheme providers are identified as:

  • employee deductions
  • employer contributions
  • Kick-start
  • voluntary contributions
  • interest paid by Inland Revenue
  • government contribution.

The horizontal axis represents data from the 2011 financial year to 2020 financial year.

By the end of the 2020 financial year:

  • $ 7,276 million has been paid to scheme providers, up from $ 2,911 million in June 2011
  • $ 4,083 million represents employee deductions, up from $ 1,156 million in June 2011
  • $ 2,290 million represents employer contributions, up from $ 740 million in June 2011
  • $ 50 million represents voluntary contributions, up from $ 16 million in June 2011
  • $ 6 million represents IR interest paid, up from $ 4 million in June 2011
  • $ 847 million represents member tax credit, up from $ 664 million in June 2011.

Payments to scheme providers by source each month

This graph shows the dollar amount of member, employer, and Crown contributions paid to scheme providers. In December 2020:

  • $572.6 million member and employer contributions were paid to scheme providers, up from $407.4 million in December 2019
  • $0.7 million Crown contributions were paid to scheme providers, the same as December 2019.

Payments to scheme providers by source each year

This graph shows the total amount of member and employer contributions against the total amount of crown contributions paid to scheme providers during each financial year since KiwiSaver was introduced.

This graph has 10 stacked vertical bars. The vertical axis shows the dollar amount of member, employer, and Crown contributions paid to scheme providers. The horizontal axis shows data from the 2011 financial year to the 2020 financial year.

In the 2020 financial year:

  • $ 6,422 million was paid to scheme providers, up from $1,912 million in the 2011 financial year.
  • $ 853 million Crown contributions was paid to scheme providers, down from $999 million in the 2011 financial year.