CONFIDENTIAL

Foreign & Commonwealth

Office

2 January 1992

HKA 233/1

London SWIA 2AH

B. 932

Mrs Sandra Brown

HM Treasury

Dear Sandra

HONG KONG: HMOCS PENSIONS

1.

When we met on 30 December, you asked for further details of the Chinese proposal to set aside HK $15 bn for payment of pensions for Hong Kong civil servants. I undertook to let you have papers about the discussion of the proposal in the Joint Liaison Group.

2.

I enclose the following:

- a note prepared by the Hong Kong Government, and given to the Chinese, summarising the various schemes put forward for safeguarding pensions of Hong Kong civil servants;

- report of a Chinese statement at JLG XIX (June 91) advocating the HK $15 bn set aside, and the British side's response to it;

3*

a further brief exchange at JLG XX (September 91),

I hope this is useful.

PF Ricketts

Sincerel

Hong Kong Department

سلام

Peter Robally Roketh

BODAFO JRB

CONFIDENTIAL

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