Government is looking to the UK benefit model as it plans to make the system more sustainable.
With people living for much longer the National Insurance fund will have collapsed by 2050 if current forecasts are to be believed.
A number of alternatives are currently being explored.
Treasury Minister Eddie Teare outlines the benefits of the UK’s system for the Isle of Man:
MHK to present immigration petition to Tynwald
An MHK will formally present a campaigner's petition calling for protections for immigrants with leave to remain on Island.
Injured walker rescued from Snaefell
The Fire and Rescue Service says its hill search team responded to reports of an injured walker on Snaefell this afternoon, Monday, June 22.
Town centre road shut for five days this week
A street in the centre of Castletown is shut for five days this week.
Royal Assent for laws giving parents and carers more rights
Laws to give parents and carers new rights when it comes to leave from work have been given Royal Assent.
New cafe opens in iconic former pub
A new café has opened in a landmark former pub.
Have your say on the Island's childcare
The government wants to know what you think of childcare on the Island.
Service to be held for long-serving RNLI volunteer
Tributes are being paid to a long-serving lifeboat crew member.
Road in south to shut for cat's eyes installation
A road in the South will be closed for five days this week.
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