JUN-1993 15:22
PAUL FIFOOT
0372723755
P.04/12
(II) If the officer commuted or commutes any part of his Hong Kong pension, or his pension has been or is reduced by an appropriate authority under the relevant law, calculate, in accordance with the relevant law [as in force on 1st January 1992], the reduced pension on the notional Hong Kong pensionable emoluments as if the like proportion had been commuted of, or the like reduction made in, a pension as calculated in paragraph in respect of the notional Hong Kong pensionable emoluments;
(d) Divide the pension or reduced pension as calculated in paragraph (c)(I) or (c)(II), as appropriate, by XX; the resulting sum will be denominated in pounds sterling;
(e) Increase the sum obtained at paragraph (d) in April of each year up to the date on which a calculation is to be made to determine whether a supplementary payment is payable under paragraph 5 of the Scheme by the appropriate percentage increase rate obtained from the relevant Orders made under section 59 of the United Kingdom Social Security Pensions Act 1975, as from time to time in force, as if the sum so obtained were a pension begining on the 8th April 1991;
(f) The sum obtained at paragraph (d) as increased in accordance with paragraph (e) is the sterling value of the pensioner's notional Hong Kong pension.
(g) Divide the sterling value of the pensioner's notional Hong Kong pension by 12 to obtain the monthly rate of such sterling value.
B: Members of HMOCS ("officers") who are granted 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 other pensionable
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