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Only 0.5% of savers have opted out of KiwiSaver contribution hike, Willis says (opens original article in a new tab)

TL;DR

Only 0.5% of KiwiSaver savers have opted out of the contribution hike, with almost all others accepting the higher rates, according to Finance Minister Nicola Willis.

  • Only 0.5% of KiwiSaver savers opted out of the contribution hike
  • Most New Zealanders contributing through wages/salaries accepted higher rates
  • Finance Minister Nicola Willis confirmed the opt-out rate

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