Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:


    Update your notification preferences


    Access government services


    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

Public sector pensions review

21 March 2013

The public sector pension scheme (Public Employees Contributory Retirement Scheme, or PECRS) is being reviewed with the aim of ensuring it is sustainable, affordable and fair in the future.
The review is needed because:
  • people are living longer and claiming pensions for longer - since the late 1980s paying a pension has become some 30% more expensive
  • the scheme’s actuary has reduced estimates on future investment returns - this means the cost of PECRS benefits will increase and may continue to increase further
  • while lifespans have increased and costs have risen, the pension contribution rate has remained the same since the 1980s - the actuary has confirmed the contribution rate is too low
  • the scheme’s regulations were set in 1989 and are now considered outdated, due to lifestyle and employment changes


Another aspect that will be reviewed is how benefits are distributed, as some groups of employees currently receive a more valuable pension package than their colleagues, despite paying the same contribution rate.

In conducting this review, the States of Jersey will work closely with the Public Employees Pension Scheme Joint Negotiating Group, which negotiates pension provision for the majority of public sector employees.


The Chief Minister, Senator Ian Gorst, who chairs the States Employment Board, said “Around the world, many governments are having to consider the sustainability and affordability of their pensions systems, and the same is true of Jersey. 

“The aim of this review it to find a way to revise the existing scheme so it is sustainable, affordable and fair and will not require further major amendments in the near future.”
It is hoped that, following the review, changes to the scheme will be implemented from January 2015.
Back to top
rating button