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CONFIDENTIAL

FM HONG KONG

TO DESKBY 05110OZ F C O

TELNO 1201

OF 05094OZ MAY 92

INFO PRIORITY UKREP JLG HONG KONG, PEKING

Pa

292

YOUR TELNO 735: HMOCS:

DEFINITIONS ETC.

CONSULTATIONS:

ACCURACY OF

B

515

1. OUR ANSWERS TO YOUR QUESTIONS ON DEFINITIONS AND INTERPRETATION OF HONG KONG PENSIONS LEGISLATION AND THE LIMITED COMPENSATION SCHEME FOLLOW SERIATIM.

(A) PARAGRAPH 3(A) IS AN ACCURATE DESCRIPTION OF THE

HMOCS OFFICERS

(B)

(C)

(D)

2.

INVOLVED.

PARAGRAPH 4(A) IS CORRECT.

THE TABLES REFERRED TO IN PARAGRAPH 7(2) ARE CORRECT WITH THE EXCEPTION OF 7(2)(D).

THE ACTUARIAL TABLE USED FOR JUDGES WITH A RETIREMENT AGE OF 60 SHOULD BE THE SAME AS THAT USED FOR CIVIL SERVANTS WITH THE SAME RETIREMENT AGE. THAT IS TABLE 1B IN THE LIMITED COMPENSATION SCHEME AND IS UNDERSTOOD TO BE TABLE II IN PARAGRAPH 7 OF YOUR FAX. WE HAVE RECENTLY CONFIRMED THAT SHIPLEY (EX CSB) DISCUSSED THESE TABLES WITH FOSTER OF GAD AND AGREED TO USE THE TABLE FOR CIVIL SERVANTS WITH A RETIREMENT AGE OF 60 INSTEAD OF TABLE (D) IN WATERS LETTER OF 10 FEBRUARY. THE CONFUSION IS REGRETTED.

WE HAVE THE FOLLOWING ADDITIONAL POINTS ON THE TEXT OF THE DRAFT PROPOSALS.

(A) IN PARAGRAPH 2 AND SUBSEQUENTLY THE REFERENCE TO 'A MEMBER

OF A DISCIPLINED SERVICE'' SHOULD READ A MEMBER OF THE DISCIPLINED SERVICES''.

(B)

THE PENSIONS ORDINANCE (CAP 89) HAS BEEN OMITTED FROM PARAGRAPH 2(A). A NEW CLAUSE (I) SHOULD BE ADDED TO READ ''TO WHOM THE PENSION ORDINANCE (CAP 89) APPLIES, 55''.

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