KiwiSaver statistics as at 30 June 2008

KiwiSaver members as at 30 June 2008

Method of joining current provider	Members
Opt in via provider	338,279
Opt in via employer	119,059
Automatically enrolled	259,299
Total membership (net of opt outs and closures)	716,637

Opted out	137,762

Closed (People enrolled incorrectly or ineligible, or provider initiated the closure)	1,044

Active financial hardship contribution holidays	3,506

Demographics of KiwiSaver members as at 30 June 2008

Age band	Members	%
0-17	90,722	13%
18-24	113,933	16%
25-34	110,191	15%
35-44	122,818	17%
45-54	127,917	18%
55+	134,858	19%
No information	16,138	2%
	716,637	100%

Gender	Members	%
Female	367,370	51%
Male	342,314	48%
No information	6,953	1%
	716,637	100%

Payments to providers (gross)	June 2008 (millions)
Employee deductions	$395
Employer contributions	$64
Voluntary contributions	$$7
Total member contributions	$466
Kick-start	$551
Fee subsidy	$15
Interest	$5
Total crown contributions	$571
Total payments to providers	$1,037

Date published: 21 Aug 2008
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