Call for young imported workforce

Islanders are being quizzed on how to tackle the pensions crisis

Guernsey should be prepared to import a younger workforce to solve problems with the island's pension fund, the chairman of a business group has said.

An ageing population means the island's pension fund is due to go bust in 2040 if no action is taken.

Shelagh Mason of the Guernsey Institute of Directors said the island needed to tackle the ratio of people working to the retired population.

She said attracting productive people of working age could help address this.

The Social Security Department has issued a questionnaire to local households this week, asking for the opinions of islanders on how to solve the pensions problem.