Social
Security (Amendment of Law - Minimum Earnings Threshold) (No. 2) (Jersey) Regulations 2022
Made 9th February 2022
Coming into
force 16th February 2022
1 Social
Security (Jersey) Law 1974 amended
Regulations 2 and 3 amend
the Social Security
(Jersey) Law 1974.
2 Article 5 (Class 1
Contributions) amended
For Article 5(3A)
there is substituted –
“(3A) The
Class 1 minimum earnings threshold is the amount determined in accordance
with Schedule 1A.”.
3 Schedule 1A (Class 1
factors and contribution rates) amended
(1) Schedule 1A
is amended as follows.
(2) In
the heading –
(a) for “Articles 5(4)”
there is substituted “Articles 5(3A) and (4)”;
(b) after “CLASS 1” there
is inserted “MINIMUM EARNINGS THRESHOLD,”.
(3) Before
paragraph 1 there is inserted –
“A1 Class 1 minimum
earnings threshold
(1) The
Class 1 minimum earnings threshold is £438.
(2) On
1st January in 2023 and every subsequent year, the amount in sub-paragraph (1)
is to be increased or decreased, as the case requires, by the percentage rise
or fall in the minimum wage during the period of 12 months beginning with 2nd January
in the preceding year.
(3) “Minimum
wage” means the amount prescribed under Article 16(3) of the Employment
(Jersey) Law 2003.”.
4 Social Security (Class 1 Minimum Earnings Threshold) (Jersey)
Order 2021 repealed
The Social
Security (Class 1 Minimum Earnings Threshold) (Jersey) Order 2021 is repealed.
5 Citation and commencement
These Regulations may be
cited as the Social Security (Amendment of Law – Minimum Earnings
Threshold) (No. 2) (Jersey) Regulations 2022 and come into force 7 days
after they are made.