KiwiSaver statistics as at 31 October 2011
|Method of joining KiwiSaver||Members|
|Opt in via provider (active choice)||910,989|
|Opt in via employer||237,755|
|Total membership (net of opt outs and closures)||1,829,450|
|Active contribution holidays (includes active financial hardship holidays)||70,080|
Demographics of KiwiSaver members
Payments to providers
Financial year 2011-12
|Total member contributions||164.5||716.3|
|Member tax credit (MTC)||4.7||794.9|
|Total crown contributions||23.5||888.3|
|Total payments to providers||188.0||1,604.6|
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.