2
(b)
100% of highest pensionable emoluments to be taken in the computation of pension benefits in respect of service as from the material date.
Leave earning rate
4.
An officer who opts to transfer to 100% pensionability will have the leave earning rate adjusted with effect from the material date of his transfer to 100% pensionability as set out in Annex D(i).
Undertaking to be signed when leave is taken in excess of the rate applicable to officers on 100% pensionability
5.
As an option to transfer to 100% pensionability would entail a consequential reduction on vacation leave earning rate, a special transitional leave arrangement for officers currently on 90% pensionability will be required. An officer on 90% pensionability who applies to take leave in excess of what he would have earned had he opted to transfer to 100% pensionability will be required to sign an undertaking, when he applies for such leave, to pay to the Government a sum equivalent to the salary of his debit leave balance, if any, at the time of his departure from the service should he eventually opt to transfer to 100% pensionability.
Leave record for officers on 90% pensionability
6.
Department should keep a record of the casual and vacation leave balance of those officers on 90% pensionability showing the balance as at 1 April 1987.
Contributions to the Widows and Orphans Pension Scheme (WOPS) or the Widows' and Children's Pensions Scheme (WCPS)
1.
For an officer who opts to transfer to 100% pensionability, if he is a contributor to the WOPS and has not fixed his monthly contributions at $125, he will have to contribute at 4% of 100% (and not 90%) of his emoluments as from the material date. If he is a WCPS contributor, the rate of his monthly contribution will have to be adjusted on the basis of 100% (and not 90%) of his emoluments as from the material date.