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Section 85

Duty of Board to review benefits

of Self-Employment Social Security Act 2017

ActIn forceProvision 85 of 89
Section 85

(1)

The Board may, when substantial changes in the general level of earnings resulting from substantial changes in the cost of living, examine the situation on the basis of an actuarial valuation made under section 56 and make recommendations to the Minister to adjust the Scheme in order to maintain the real value of certain cash benefit.

(2)

The recommendations of the Board referred to in subsection (1)

shall be accompanied by the actuarial report and shall take into account of Government social policy, and may include—

(a)

proposals for a new rate of contributions;

(b)

proposals for changes in the rates of certain cash benefit; and

(c)

extension of types of benefits.