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Hong Kong: Compensation payments: Examples
Administrative Officer Staff Grade C (equivalent to DS 5 or
Principal/Senior Principal in Home Civil Service) aged 45
with 20 years service in 1997.
Compensation Factor
Annual Salary
Compensation calculation:
1.88 x annual salary
£ 61,380
(a) On 30 June 1997: 20% £ 23,080
of maximum compensation
plus (b) Up to eight further
annual payments of 10%
each ( 11,539), but
only if remaining in
service
£ 92,310
total
£115,390
Chief Inspector of Police (same UK metropolitan equivalent)
aged 50 with 20 years service in 1997:
Compensation Factor Annual Salary
Compensation calculation:
(a) On 30 June 1997: 20%
of maximum compensation (b) Up to eight further
annual pauments of 10%
each (£ 4,940), but
only if remaining in
service
1.40 x annual salary
£ 35,260
£ 9,870
£ 39,530
total £ 49,400
(Note: Exchange rate used is £1 to HK$13.5)
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