CMS explains why it rejected GEMS’s bid to lower contribution increase
The CMS argues that a 7.5% increase would have weakened GEMS’s financial sustainability and shifted costs to members in future.
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CMS rejects GEMS bid to cut 2026 contribution increase as unions demand answers
The regulator has rejected the scheme’s proposal to reduce its weighted average contribution adjustment to 7.5%, leaving the existing 9.5% increase in place.
CMS says GEMS cannot cut 25% reserve requirement
The comment comes amid a growing standoff between organised labour and GEMS after the scheme announced a 9.8% contribution increase for 2026.
