香港下丝厘粜渲

609

GOVERNMENT SECRETARIAT

LOWER ALSERT FOAD

a Cur Set..

CSB-3/3

Ke Your Ret.

HKA 233/1

3 November 1992

Mr. J.K. Gray,

Deputy Chairman,

Hong Kong Bank,

Queens Road Central,

Hong Kong

Dear John

1

Fension Safeguards

552

7 October.

any SOFT

Many thanks for your very helpful

I have one final question.

letter of

Assuming that there is no external guarantor of as mentioned in paragraph 3 of your letter, would ic still be possible to provide such a scheme and, if so, could you give a rough indication of the likely costs? Perhaps this might best be posed in a specific example :

1.

2.

Officer aged 45 in 1992 currently earring $44,100 per month;

Que

service;

retire in 2002 aged Se with 25 years

:.

W13225 ==::૩૨ 2003;

protect

sterling value OF ALE

lump

sum pension gratulty from 1992 to

4.

Commu-ed

Hump

sum pension gracuicy Worch in 2002 at 1992 prices.

trouble you

yet again on this

issue: hopefully for the last time.

Yown sincerely, Stuart

... Harbinson:-).

for SaczIBI ry for the Civil Services.

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