2
2.4
Choices for Individuals
Options : a)
scheme mandatory for all individuals given :
2.5
2.6
2.7
b)
a) one option (i) in 1992
(ii) between 1992 and 1997
b) several option dates
between 1992 and 1997
Calculation of capitalised current value
Options as to
: a) discount rate b) exchange rate
Phasing of transfer payment
Options : a)
one payment
b)
c)
equal instalment payments payment
reflecting numbers opting for scheme in any year
Age from which pensions payable in UK
Options
: a) on retirement from HKG
b)
from pre-determined standard ages (eg. 55)