Treasury Minister says Tynwald consent would be needed to invest funds on Island
Changes to how government uses the National Insurance fund need to be made to make sure it's sustainable in the future.
That's from Treasury Minister Alex Allinson, who's says money from the NI reserve could be invested on Island to boost the economy and strengthen the fund.
Dr Allinson says it could only be done with Tynwald consent as the fund is ringfenced to ensure government can pay the state pension.
After a recent report from the UK government warned the fund could run out in 2047, the minister admits change is needed:
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