The past couple of months have been busy so we can update you on developments within the CGi.
To kick start Guernsey’s economy, we need more people in employment which is achievable through retraining, working past retirement age, bringing in the right labour to fill numerous vacancies, training up youngsters to be better equipped to start work and other initiatives such as the introduction of deferred pensions.
We have held positive discussions with local actuaries to discuss how the island could introduce deferred pensions and the resultant benefits for the States and local employees. We are now to meet with Social Security and will issue a short survey for members to complete.
Last month, Simon Stone, Director of Procurement at the States gave a very interesting presentation to the committee. Simon has a clear mandate to streamline, professionalise and reduce the costs and has already made savings for the States of £3 - £4 million in just one year.
Skills Guernsey is being reborn and we have been talking to the Committee for Economic Development and providing feedback as well as suggesting new initiatives the Island should follow.
Finally, our social visit and tour at the power station in September was very interesting and informative, so thank you to Sally-Anne David, CGi committee member and Director at Guernsey Electricity, for organising that for us.