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Discussions at Council of Ministers concerning pensions for workers of all companies

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WRITTEN QUESTION TO THE CHIEF MINISTER

BY DEPUTY P.V.F. LE CLAIRE OF ST. HELIER ANSWER TO BE TABLED ON TUESDAY 16th NOVEMBER 2010

Question

As the UK  will  shortly  require  all companies  to provide  a pension  for  their  workers  what discussion, if any has taken place around this development in the Council of Ministers?

Answer

Provide for the ageing population is one of the key priorities of the States Strategic Plan 2009- 2014. Among the commitments in the Strategic Plan is investigating schemes to encourage people to make provision for the future'. However, at the moment the focus in this work stream, co-ordinated by the Social Security department, and working with the Chief Minister's and Treasury and Resources departments, is on proposals to implement a new long-term care funding scheme and to review the age at which the Jersey social security pension is paid. Close attention will be paid to developments in the UK regarding compulsory workplace pension provision and whether there are lessons for the Island.