15-JUN-1993 15:21
POUL FIFOOT
8372723755
P.03/12
officer's Hong Kong service will bear the same
proportion to the amount determined in paragraph (i) as the amount determined in paragraph (ii) (A) bears to the amount determined in paragraph (ii)(B).
PART II
RULES FOR CALCULATING AND DETERMINING
A NOTIONAL HONG KONG PENSION AND ITS STERLING VALUE
A: Members of HMOCS ("officers") who are awarded a pension under a relevant law on their retirement from the service of Hong Kong before or after the coming into operation of the Scheme and who have no other pensionable public service
To calculate the sterling value of the officer's notional Hong Kong pension:
(a) Identify the officer's salary point and allowances appropriate to his substantive grade at the date taken into account to determine his basic pension under the relevant law:
(b) Determine the salary point and allowances appropriate to the salary point of that grade on 1st January 1992; this will produce the officer's notional Hong Kong pensionable emoluments;
(c) (I) Calculate, in accordance with the relevant law [as in force on 1st January 1992] the officer's pension on the notional Hong Kong pensionable
emoluments; and