What is a Savings Suspension?

After 12 months of contributing to your KiwiSaver account, you can have a Savings Suspension. You will not need to contribute to your KiwiSaver plan while you are on the Saving Suspension and you will not receive Government or Employer contributions either. 

Your Savings Suspension can last anywhere between 3 and 12 months and you can renew it as often as you want. If you want to restart your contributions, you can do so at any point in time.

To find out more about saving suspensions, you can visit the specific page on the KiwiSaver website.