Jersey pension rises 4.7% to £16,294 a year
Jersey pensioners received a 4.7% increase to their old age pension on October 1, adding £734 a year and bringing the full annual state pension to £16,294, the Government of Jersey said.
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This subject tracks ongoing government strategies, policy adjustments, and budget discussions aimed at managing economic burdens on residents and businesses.
Jersey pensioners received a 4.7% increase to their old age pension on October 1, adding £734 a year and bringing the full annual state pension to £16,294, the Government of Jersey said.
Jersey's government released its 2027-2030 budget, introducing targeted cost-of-living measures for families while Treasury Minister Alan Maclean described the plan as a transitional step toward addressing the territory's structural deficit. The package expands free nursery hours, doubles the parental grant and increases health funding by £25 million, with States members scheduled to debate and vote on the proposals in December.
Jersey Deputy Lucy Stephenson has withdrawn a proposition to cut fuel duty by 10 pence per litre from October through December, following discussions with Treasury Minister Alan Maclean, who described such cuts as a 'blunt tool' that largely benefit wealthier residents. A vehicle breakdown service owner told BBC News that rising fuel prices had cost his business between £9,000 and £11,000 and called for a duty reduction of 30p to 50p per litre.