ERMENT HOUSE HONG KONG.

(H) You should

the use

2

1

PG.02

words "superseded for promotion on

localisation grounde under the HKG's LCS".

UK Pension Supplement : SPOS

You might need to explain more about how SP03 operates.

pension

For

calculated at current on the date of retirement on which the SPOS is

base the Sterling example

exchange rates

then payable.

you could also explain how, over time, the SPOS

I think that

amendment serves

pension.

to

guarantee

significant

chunk of the

Additionally

T believe that

an actual example of the before

and aflei SPOS amendment situation would be helpful.

MMUUS : Sterling Pension Safeguard Scheme

I think that you might as well come clean and explain the UK in the selection of a relativity point.

HK$21:£1.

This

safeguard rate at

No

whole proposal will be very badly received by the HMOCS

Association.

(009/10)

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