Chief Minister concerned about longevity of future NI Fund strategy

Wed, 17 Dec 2014

'It's imperative that the next administration continues to work on the National Insurance Fund.'

That's the message from the Chief Minister who says he has "sleepless nights" worrying about the Island's financial stability.

Now sitting at £650m it's said the fund will peak at around 2036 or 2037 and then begin a sharp decline.

Treasury Minister Eddie Teare has said it'll take guts to keep up the momentum - as it won't be popular with the public.

Allan Bell explains that it's imperative the next house understands the urgency in getting the balance right: