હું

A

Subject

CONFIDENTIAL # 3

1

Object

5

Latest Position

Civil

Service

Pension issues

Το examine staff

requests for pension safeguards

The Administration is examining the details of the partial funding proposal, including the size, scope and means of operation of such a fund and the financial implications on HKG and the future SARG. The Chinese will be involved in the discussion through the JLG.

A decision on whether to set up such a fund is to be taken by the end of 1994.

The staff councils are

pressing for an early decision on the proposal and the setting up of a joint working group to monitor progress.

G.F. 326

CONFIDENTIAL #

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