ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

KiwiSaver gender gap: Why do women contribute less per year than men?

Author
Newstalk ZB,
Publish Date
Wed, 3 Apr 2024, 6:45PM
Photo / NZ Herald
Photo / NZ Herald

KiwiSaver gender gap: Why do women contribute less per year than men?

Author
Newstalk ZB,
Publish Date
Wed, 3 Apr 2024, 6:45PM

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."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you