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L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Social Security Law (Payments in Social Security Fund) (Jersey) Amendment Regulations 202-

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

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  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

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The Freedom of Information Law (Jersey) Law 2011 is used as a guide when determining what information is be published. While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.

A decision made 13 September 2024:

Decision Reference:  MD-SOSEC-2024-694

Public

Subject: Lodge: Draft Social Security Law (Payments into Social Security Fund) (Jersey) Amendment Regulations 202-

 

Report Title: Draft Social Security Law (Payments into Social Security Fund) (Jersey) Amendment Regulations 202-

Public

Decision(s):

The Minister for Social Security decided to lodge the Draft Social Security Law (Payments into Social Security Fund) (Jersey) Amendment Regulations 202- for debate at the States Assembly sitting on the 26th November 2024.

Reason for Decision(s):

These Regulations, if passed, will amend the Social Security (Jersey) Law 1974 (“the Law”) to change the calculation of the amounts to be paid into the Social Security Fund in 2025 and 2026. The funding released will be ringfenced to help employees and employers adjust to the transition towards a living wage.

Resource Implications: There are no manpower implications. The financial implications are as set out in the Proposed Budget Plan 2025-2028. The Consolidated Fund will make payments into the Social Security Fund in 2025 and 2026 which are each £10 million lower than the formula value.  The £20 million released will be allocated only for the purpose of supporting employers and employees during the transition towards a living wage. In the event that the full allocation is not needed, the balance will be returned to the Social Security Fund. This adjustment is not expected to have any long-term impact on the health of the Social Security Fund.

 

Action Required: Private Secretary to ask the Greffier of the States to arrange for the items to be lodged for debate by the States Assembly at the sitting on the 26th November 2024.

Signature:

 

 

Signed By: Minister for Social Security

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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