A public consultation to debate the future of the Island's welfare state will be launched within the next few weeks.
Treasury Minister Eddie Teare confirmed the position after a series of public meetings around the Island last week.
Major reform of state pensions and benefits is considered vital if the National Insurance fund is to remain viable for future generations.
Mr Teare says the gatherings showed people understand the need for change and insists the next generation is of far more importance than the next election.Clip 1
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