{"id":357085,"date":"2026-03-31T16:45:12","date_gmt":"2026-03-31T16:45:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/357085\/"},"modified":"2026-03-31T16:45:12","modified_gmt":"2026-03-31T16:45:12","slug":"pension-contributions-in-jersey-reduced-due-to-fund-surplus","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/357085\/","title":{"rendered":"Pension contributions in Jersey reduced due to fund surplus"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">James Turner, Jersey&#8217;s regional officer for the union, said the additional 1% in take home pay would help members cope with the &#8220;exceptional&#8221; cost of living in Jersey.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">He said the pension would remain the same at the end of the term but in effect employees would have a 1% pay rise, since the 1% currently going into the pension would instead go into take-home pay.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Teachers and head teachers will not see any change as they are part of the Jersey Teachers Superannuation Fund, which remains unchanged.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The government said the adjustments would save taxpayers about \u00a310m a year.<\/p>\n","protected":false},"excerpt":{"rendered":"James Turner, Jersey&#8217;s regional officer for the union, said the additional 1% in take home pay would help&hellip;\n","protected":false},"author":2,"featured_media":357086,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":{"0":"post-357085","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz","13":"tag-personal-finance","14":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/357085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=357085"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/357085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/357086"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=357085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=357085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=357085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}