KiwiSaver statistics as at 30 June 2012
KiwiSaver members
| Membership details | Members |
|---|---|
| Opt in via provider (active choice) | 975,743 |
| Opt in via employer | 247,950 |
| Automatically enrolled | 742,751 |
| Total membership (net of opt outs and closures) | 1,966,444 |
| Opt out | 255,935 |
| Closed 1 | 32,227 |
| Active contribution holidays (includes active financial hardship holidays) | 83,370 |
Demographics of KiwiSaver members
| Age band | Members |
|---|---|
| 0-17 | 320,519 |
| 18-24 | 301,819 |
| 25-34 | 345,923 |
| 35-44 | 318,979 |
| 45-54 | 317,089 |
| 55+ | 350,372 |
| No information | 11,743 |
| 1,966,444 |
| Gender | Members |
|---|---|
| Female | 1,010,295 |
| Male | 946,706 |
| No information | 9,443 |
| 1,966,444 |
|
Payments to providers (gross) |
June 2012 ($) million |
Financial year 2011-12 ($) million |
|---|---|---|
| Employee deductions | 104.1 | 1321.5 |
| Employer contributions | 56.1 | 865.9 |
| Voluntary contributions | 3.5 | 16.2 |
| Total member contributions | 163.7 | 2,203.6 |
| Member tax credit (MTC) | 0.2 | 799.5 |
| Kick-start | 19.4 | 239.4 |
| Interest | 0.3 | 5.7 |
| Total crown contributions | 19.9 | 1,044.6 |
| Total payments to providers | 183.6 | 3,248.2 |
Payments to scheme providers
Figures are rounded to one decimal place.
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.
