Guernsey

Guernsey benefit funding to be reviewed

The States has agreed to review how benefits in Guernsey will be paid in the long-term.

Deputy Matt Fallaize called for the report into the Guernsey Insurance Fund to be completed by the Social Security Department by October 2013.

His motion was passed as the States approved changes to contributions rates for high earners.

It means employees earning £119,340 a year or more would have to contribute an extra £850 annually from 2013.

The contribution rate for employers earning £129,792 a year or more will also rise, an increase in payments of £4,500 a year.

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