employed on OSAS or TCO terms once an oath is ven there is no guarantee that pay and conditions would remain at present capitalist levels.
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16 IF YOU WOULD NOT WISH TO WORK FOR THE FUTURE H.K.S.A.R. GOVERNMENT DO YOU CONSIDER THAT YOU SHOULD BE COMPENSATED FOR LOSS OF A CAREER, PENSION, EMPLOYMENT OR GRATUITIES?
The response to this question is expected, permanent and pensionable groups feel they should be compensated, the younger group more strongly so. The Agreement groups are more divided on this point which may be explained by an appreciation that their group might be less entitled, however, it is not clear from the survey response how many are giving hypothetical answers, many in the oldest groups did not answer this question.
Handshake" should take into account loss of future earnings/promotion, as well as existing salary and years of service loss of gratuities should be compensated agreement terms officers should not be compensated choice should be offered to permanent and pensionable officers to opt for agreement terms, this would avoid them being forced to continue in service by the terms of their employment which would be bad for morale, the transition would be smoother for both parties - I feel I would be entitled to compensation I have chosen to remain on contract compensation should be insisted
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upon if not as a right then as a moral obligation of HMG if you do not wish to work for the new communist government get out early now and do not jeopardize your career by staying on at the end of a contract I vote with my feet no one has been particularly concerned about contract officers in the past I knew the circumstances if I cannot obtain assurances that I can continue for the rest of my career I will leave HK on the expiry of my current agreement early retirement for expatriate pensioners might free posts for locals.
P
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GROUP
YES%
NO%
DNK% TOTAL
17. PENSIONS
P42-
90.9
5.5
3.6
55
P43+
83.0
17.0
53
Average
87.0
11.1
1.9
108
A42-
46.1
52.5
1.4
139
A43+
50,8
44.1
5.1
59
A?
45.9
54.1
37
Average
47.2
50.7
2.1
235
DOES THE DRAFT AGREEMENT GUARANTEE PROTECTION OF YOUR PENSION ΤΟ YOUR SATISFACTION?
Agreement groups in general avoided answering this question or answered 'don't know', a significant number of the oldest group gave a negative answer which may indicate that these responses are from pensionable officers re-employed under agreement terms. Permanent groups clearly indicated 'no' to this question.
Overall
59.7
38.2
2.1
343
Average
GROUP
YES%
NO%
DNK% TOTAL
P42-
31.5
61.1
7.4
54
P43+
36.6
54.8
8.6
93
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compensation
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Average
34.7
57.1
8.2
147
A42-
26.7
33.3
40.0
45
A43+
33.4
58.3
8.3
24
A?
33.3
33.3
33.3
9
Average
29.5
41.0
29.5
78
Overall
32.9
51.6
15.6
225
Average
Remarks included the following: –
out
Only pensionable officers should be compensated the pension should be 100% commutable is expected compensation arrangements should be spelt subject to appointment prior to announcement of the draft agreement if such a choice can be arranged - "Golden Handshakes" have brought us into disrepute elsewhere, there are however genuine cases which deserve help, these should not be turned down because everyone wants something for nothing you should have known 1997 was coming change in employer means I should be able to receive my pension plus compensation for loss of career, I should be compensated for loss of promotion as well
I was told at recruitment that I was being recruited as future directorate level material, this now looks unlikely, even permanent and pensionable has a hollow ring about it this is what I want to know about now or as soon as possible – HMOCS officers will receive some form of compensation in due course any way agreement officers cannot be compensated for loss of career prospects early retirement on enhanced terms should be made available now to allow officers to take up alternative careers whilst still young enough retirement for all aged 45 or over with 10 years service should be made a right, as opposed to the existing arrangements under the CSR's also before 1997, if discrimination against expatriates infiltrates the Government promotion board procedure I would also like to see HMOCS or similar body organising re-employment, or at least providing assistance in this field any future "Golden
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15
Remarks included the following:-
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Risk of non-payment - decline in value – exposed to inflation no guarantee of value – a provident fund would be better - prefer UK Government, take up responsibility— funds should be deposited in UK or compensation paid pension should be 100% commutable exchange rate doubts best that can be expected payment depends on continuing HK prosperity UK should guarantee and index link establish exchange rates now - pensions should be paid now and conversion to agreement terms allowed this is my big fear, if new system does not work, pensions will not be what is expected - would like to negotiate lump sum and monthly payments retirement with pension should be allowed after 20 years service no annual adjustment mechanism mentioned no guarantee given all pensions should be paid off in 1992 pensions cannot be guaranteed against failing
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