Speech by the
Secretary for Education & Manpower
in the Legislative Council on 2nd December 1987
to introduce a Resolution under
Section 48A of the Employees Compensation Ordinance
He said:
sir,
Order Paper.
first
I move the, motion standing in my name on the
人
The purpose of this resolution is to revise and
update the levels of compensation specified under various
sections of the Employees' Compensation Ordinance. This is
customarily done every two years, in accordance with the
recommendations of a 1978 Working party which reviewed the
then Workmen's Compensation Ordinance. The present levels
have been in force since 1 January 1986, So a further
revision is now due. To give insurers sufficient time to
adjust their rates of premium, it is proposed to bring the
revised levels of compensation into force on 1 January 1988.
le.
Increases in levels of compensation are based on
increases in wages over a given period, the current period
being 1 January 1986 to 31 December 1987. The latest
estimates are that wages will have increased by about 15.5 per cent
during this two-year period.