KiwiSaver statistics as at 30 June 2009

KiwiSaver members

Method of joining current provider Members
Opt in via provider (active choice) 477,971
Opt in via employer 195,940
Automatically enrolled 426,629
Total membership
(net of opt outs and closures)
1,100,540
Opt out 221,045
Closed 1 8,240
Employer chosen schemes 16,665
Active contribution holidays (includes active financial hardship holidays) 25,935

Demographics of KiwiSaver members

Age band Members %
0-17 181,842 17%
18-24 174,340 16%
25-34 173,229 16%
35-44 182,719 17%
45-54 186,158 17%
55+ 198,053 18%
No information 4,199 0%
  1,100,540 100%

 

Gender Members %
Female 568,633 52%
Male 528,058 48%
No information 3,849 0%
  1,100,540 100%

 

Payments to providers (gross) 1 July 2008 - 30 June 2009
Employee deductions 916,603,051
Employer contributions 354,651,111
Voluntary contributions 6,126,987
Total member contributions 1,277,381,149
Member tax credit 321,769,748
Kick-start 471,485,000
Fee subsidy 33,925,880
Interest 11,679,259
Total crown contributions 838,859,887
Total payments to providers 2,116,241,037

Payments to scheme providers

Figures are provisional. Inland Revenue is currently reconciling final payments.

Figures are gross and do not include payments refunded by providers to Inland Revenue.

Figures do not include KiwiSaver contributions held by Inland Revenue.

MTC figures represent all MTC paid to KiwiSaver providers. Figures exclude MTC paid to complying funds.


1 Closed accounts are primarily due to people being incorrectly enrolled or being ineligible for enrolment, or a provider initiated closure, for example due to the death of a member.