Hong Kong Chinese Civil Servants' Association
L.K.C.C.S.A
香港政府華員會
8 WYLIE ROAD, KING'S PARK, KOWLOON, HONG KONG.
TEL: 300 1066 (4 LINES)
九龍京士柏衛理道八號
FAX: 771 1139
LONG TERM SECURITY OF PENSION PAYMENT URGED
BY HONG KONG CHINESE CIVIL SERVANTS
1. The UK Government is going to hand over the soverighty of its most prosperous independent Territory - Hong Kong to China on 1 July 1997, ie. in only 4 years 7 months' time.
2. To Hong Kong civil servants, this means a change of employer- from the present British Hong Kong Government to the future People's Republic of China's Special Administrative Region (SAR) Government.
3. This involves virtually a "handing
handing over" of pension liability from the British Hong Kong Government to the SAR Government, PRC. The Sino-British Joint Declaration and the Basic Law
of
the Hong Kong SAR has promised that the future Government of the Hong Kong SAR shall pay all pensions on terms no less favourable than before. The payment of pensions has also become a charge.
statutory
of
4. The British Hong Kong Government is repeatedly telling members
the civil service as well as the public this political guarantee. and continues to de facto ignore repeated calls from the unions, the Staff Side of the Senior Civil Service Council to acknowledge local civil servants' worries that there might be a default in
the payment of pensims.
5. The fact that there has never bein
any
reserve and the
pensions