Social Security (Amendment of Law No.15) (Jersey) Regulations 202-

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A decision made on 30th October 2020

Decision Reference: MD-S-2020-0072
Decision Summary Title :	DS - Social Security Regulations for the Government Plan proposals		Date of Decision Summary:	27 October 2020
Decision Summary Author:	Senior Policy Officer		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	NA
Written Report Title :	WR - Social Security Regulations for the Government Plan proposals		Date of Written Report:	27 October 2020
Written Report Author:	Senior Policy Officer		Written Report : Public or Exempt?	Public
Subject: Draft Social Security (Amendment of Law No. 15) (Jersey) Regulations 202-
Decision(s): The Minister approved the draft Social Security (Amendment of Law No.15) (Jersey) Regulations 202- and instructed officers to arrange for them to be lodged ‘au Greffe’.
Reason(s) for Decision: These Regulations remove the requirement for £65.3 million to be transferred from the Consolidated Fund to the Social Security Fund in 2021. This will help to relieve the unprecedented pressure on taxpayer funds due to Covid-19. The Social Security Fund will instead use some reserves to continue to pay contributory working age benefits and old age pensions in 2021. The Social Security Fund will still be sustainable in the long-term. The legislation will be debated after the proposed Government Plan 2021-2024 debate, if it is approved by the States Assembly.
Resource Implications: Stopping the States grant in 2021 will mean that the Social Security Fund will not receive £65.3 million from the Consolidated Fund.
Action required: Senior Policy Officer to request the Greffier of the States to arrange for the draft legislation to be lodged on Tuesday 3rd November 2020, to be debated at the States meeting of the 15th December 2020.
Signature:		Position: Minister
Date Signed		Date of Decision (If different from Date Signed):