An MHK says more detailed analysis will be needed to assess the Island’s national insurance and social security schemes.
Treasury is launching a consultation later this month seeking public feedback before recommendations go to Tynwald this July.
However, in Tynwald next week, Michael member Alfred Cannan will call for a select committee to be formed to look in-depth at the issue.
Mr Cannan says whatever is agreed locally needs to be both workable and in the best interests of the Island.
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Improving Island's whistleblowing policies like 'turning an oil tanker', says PSC
Chair says it's too soon to say how effective they are
Old Castletown Road to close for over two weeks
It is so 'essential' refurbishments can be carried out
Fewer property sales in January but average price rises
Latest figures show average property price at £341,000
Manx team competes in 'Olympics' of Sheep shearing in New Zealand
The event concludes today, after three days of intense competition
Sign up for Isle Listen 'Castle to Castle' challenge
Fifteen-mile challenge taking place later this month