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Dr Michelle Reyers: Te Ara Ahunga Ora Retirement Commission policy lead on women contributing less per year to their KiwiSaver than men

Dr Michelle Reyers: Te Ara Ahunga Ora Retirement Commission policy lead on women contributing less per year to their KiwiSaver than men

Heather du Plessis-Allan Drive · Newstalk ZB

April 3, 20243m 13s

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Show Notes

According to new research, there's a significant gap between the KiwiSaver contributions of men and women.

Te Ara Ahunga Ora The Retirement Commission has released a report revealing that women contribute 36 percent less on average yearly than men.

Commission policy lead Dr Michelle Reyers says women are more likely to stop working to fulfil care-based responsibilities- or work in part-time roles.

"What we saw from this research is that women and men are actually contributing exactly the same percentage of their salaries- but when we look at the dollar value, that's where that big gap is coming from."

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Topics

moneyeconomybusinessKiwiSaver