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Deadline for bought back service counting towards compensation for HMOCS officers
5.
appointed
any
on
HKG permits overseas officers agreement terms whose applications to transfer to pensionable terms were approved after 26 July 1991, to have 12 months after the date they became pensionable in which to buy back or commence buying back pensionable service. Overseas officers appointed on agreement terms who transferred to pensionable terms "before 26 · July 1991 may buy back pensionable service at any time up to retirement. Judicial officers, on the permanent establishment, who were aged 53 or above on 30 August 1991, were permitted to retain the right to refund contract gratuities by means of one lump sum payment not later than 10 days before they commenced pre-retirement leave.
6.
7.
(i)
(ii)
HMG has decided that :
Officers whose applications for transfer to pensionable terms have been approved must commence buying back service before or on 30 April 1993 if they wish bought back service to count as pensionable service under any HMG compensation scheme for HMOCS officers.
Judicial officers referred to in paragraph 5 above will be required to sign an irrevocable undertaking before or on 30 April 1993, to buy back such contract service as they wish to convert to pensionable service to count as pensionable service under any HMG compensation
scheme for HMOCS officers.
(iii) Officers in (i) and (ii) above must have completed buying back such contract service as they wish to count as pensionable service for the purposes of any HMG compensation scheme before the appointed day for the compensation scheme.
It is
emphasised that these deadlines are relevant only to any compensation scheme which HMG may promulgate for members of HMOCS. The arrangements have no bearing on HKG's policy on buying back of service for the purpose of enhancing pension entitlements under Hong Kong pensions laws.
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