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P.153/2009 Comments - Social Security Fund: Research into alternative funding mechanisms

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A decision made 13 November 2009 regarding: P.153/2009 Comments - Social Security Fund: Research into alternative funding mechanisms.

Decision Reference:    MD-C-2009-0087

Decision Summary Title:

Comments in Response to P.153 – Social Security Fund:  Research into alternative funding mechanisms

Date of Decision Summary:

13th November 2009

Decision Summary Author:

Julian Morris

Policy and Research Manager

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

n/a

Written Report

Title:

P.153 –Social Security Fund:  Research into alternative funding mechanisms -

Comments of the Chief Minister

Date of Written Report:

12th November 2009

Written Report Author:

Tom Gales

Social Policy Adviser

Written Report :

Public or Exempt?

Public

Subject:  Comments in Response to P.153 – Social Security Fund:  Research into alternative funding mechanisms.

Decision(s): The Chief Minister agreed to present to States Members the attached Comment to P.153 - Social Security Fund:  Research into alternative funding mechanisms ahead of the debate on the States Sitting commencing 17th November 2009.

Reason(s) for Decision:  On 23rd September 2009 Deputy Southern lodged P.153 – Social Security Fund:  Research into alternative funding mechanisms.  Following a discussion at the Council of Ministers on 12th November 2009 it was agreed that the Chief Minister would present the attached Comments in response to P.153/2009.

Resource Implications:  There are no financial or manpower implications.

Action required:  The Greffe to present to States Members the attached Comment to P.153 - Social Security Fund:  Research into alternative funding mechanisms ahead of the debate on the States Sitting commencing 17th November 2009.

Signature: 
 
 

Position:

Senator Terry Le Sueur

Chief Minister

                 

Date Signed:

Date of Decision:

P.153/2009 Comments - Social Security Fund: Research into alternative funding mechanisms

P.153 Social Security Fund: Research into alternative funding mechanisms  

Comment of the Chief Minister  

I accept this proposition on the basis that funding is already available, the work required is already underway and the timescales proposed are little different from those that are already planned. 

Provision for funding research into the Social Security Fund exists within the Social Security (Jersey) Law 1974 and there is therefore, no need to transfer money from the Chief Minister’s Department or re-prioritise its budget. My Department is committed to help in anyway with this research. 

A considerable amount or work is being undertaken at the moment on a Fiscal Strategy which includes amongst many other matters consideration of the future funding of Social Security and supplementation. It is important that there is overall co-ordination in this strategy and that any individual issues are not dealt with in isolation of one another.  The timescales for the delivery of the Fiscal Strategy are the same as those that Deputy Southern describes in his proposition. 

The Minister for Social Security endorses these comments.

 

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