Stark warning from Chief Minister

The Chief Minister says it’s time to hold a national debate on how to provide pensions, health care and social services across the Isle of Man.

Allan Bell’s call follows a warning from the Social Care Minister that the Island’s National Insurance Fund will start collapsing in little more than 20 years from now.

Put simply, if you are aged 45 or under, you’re facing a future without acceptable state pension provision.

Mr Bell says it’s the biggest single threat to both the Island’s social and economic future.

A working group is due to present a report on the Island's ageing population to the Council of Ministers soon.