CONFIDENTIAL
7
機密
Subject
Object
Civil
Service
Το
Pension
issues
for
Latest Position
examine staff requests pension
safeguards
An in-house working group is studying the possible means of operation of a pension reserve fund. A paper on the proposed mode of operation of the
fund
being CSB will start a
reserve
prepared. dialogue on
and
is
a non-committal
basis with the Staff Sides of the central councils as soon as the framework of the fund is agreed. The size of such a fund
its financial implications on HKG and the future SARG will be considered at a later stage. The Chinese will be involved in the discussion through the JLG in due course.
A decision on whether to set up such a fund is to be taken by the end of 1994 but there is pressure from the Staff Sides for an earlier decision.
GF 323
CONFIDENTIAL
機密