29-JUL-9993
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PAUL FIFOOT
0372723755
P. 12/13
(d) Increase the sum obtained at paragraph (c) in April of each year up to the date of the officer's retirement by the appropriate percentage increase payable in respect of a lump sum as provided by the relevant Social Security Pensions Order as if the sum were payable on 8th April 1991;
(e) The sum obtained at paragraph (d) is the sterling value of the officer's notional Hong Kong gratuity.
H: Members of HMOCS ("officers") who retire from the service of the United Kingdom Government or other Scheduled Government and elect to commute part of their Hong Kong
pension for a gratuity
To calculate the sterling value of an officer's notional Hong Kong gratuity:
(a) Identify the Hong Kong gratuity as awarded under the relevant law;
(b) Convert the sum obtained in Hong Kong dollars at paragraph (a) into sterling at the following rate of exchange:
(i)
the rate of exchange on the date on which
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