Social Security Reserve Fund (FOI)

Request

Please could you confirm the following:

A

The value of the social security reserve fund as at 31 Dec 2021;

B

Pension payments made in 2021;

C

Pension contributions received in 2021

D

Investment returns for the pension in 2021

E

Basically, the report and accounts summary for the year.

Response

A, D and E

A full set of report and accounts is not published for the Social Security Reserve Fund, however, the information relating to this part of the request can be found on pages 211 and 212 of the States of Jersey’s annual report and accounts:

States of Jersey Annual Report and Accounts 2021 (gov.je)

B and C

The Social Security Reserve Fund does not receive pension contributions or make pension payments. Information relating to the revenue and expenditure of various Social Security Funds, including the Social Security Reserve, can be found in the States of Jersey’s annual report and accounts on pages 402 & 403.

Article 23 of the Freedom of Information (Jersey) Law 2011 has been applied.

Article applied

Article 23 - Information accessible to applicant by other means

(1) Information is absolutely exempt information if it is reasonably available to the applicant, otherwise than under this Law, whether or not free of charge.

(2) A scheduled public authority that refuses an application for information on this ground must make reasonable efforts to inform the applicant where the applicant may obtain the information.