E
THE HONGKONG GOVERNMENT GAZETTE, 18TH JANUARY, 1890.
TABLES.
NOTE AS TO THE USE OF THE TABLES.
Table A.-The tabular results are shown for every age of the husband, from 15 to 64; and for every fifth age of the wife, commencing at age 15 and down to 65. Ages below or beyond should be taken at the limit shown. For the intermediate ages of the wives, interpolate by first differences, as follows:-
H W
Thus, for 35 27 the required result would be
Take, 35 25 tabular result
+2891
•2820 (i)
35 30
do.
= .2998
Difference
⚫0178
One-fifth of
do.
⚫00356
Two-fifths of
do.
·00712 (ii)
41
H W
(i) + (ii)
*28912
required result 35 27
Table B.-The tabular results are shown (in eleven divisions) for every age of the husband from 19 to 64, and for every fifth age of the wife, commencing at age 15 and down to 65. Ages below or beyond should be taken at the limit shown. The results corresponding to the intermediate ages of the wives should be obtained by interpolation, in the manner illustrated above for Table A. In using this Table, care should be taken to enter the proper division corresponding with the age at which the 35 years of contribution will cease.
Table C.-The tabular results are shown for the same range of ages as in Table A. Ages below or beyond should be taken at the limit shown. The results for the intermediate ages of the wives should be obtained by interpolation, in the manner illustrated above for Table A; but it should be carefully noted that the correction, in the case of this Table, is subtractive, and not additive, as in Table A.
ILLUSTRATIONS OF THE METHODS OF ASSESSING THE PENSIONS.
1. The following is the mode of assessing the Pensions of Widows whose husbands were members as above,
and in the Public Service of Hongkong :
First Wife's Pension.
A.-IN CONSIDERATION OF THE CONTRIBUTIONS PAID BY SUCH MEMBER DURING BachelorHOOD.
RULE: Accumulate the contributions at 6 per cent. compound interest, and multiply the amount by the quantity found in Table A corresponding to the respective ages of the husband and wife at the time of marriage.
The product will give the annual pension to which the wife will be entitled on her husband's death, on account of his past contributions.
EXAMPLE: Thus, if the total contributions of such member during bachelorhood, when accumulated at the rate of 6 per cent. interest, amount to $300, and the ages of himself and wife at the time of marriage are 30 and 20 respectively, then $300 × 2927 $87.8 wife's pension.
B.-IN CONSIDERATION OF THE FUTURE ANNUAL CONTRIBUTIONS TO BE PAYABLE FROM THE DATE
OF MARRIAGE.
(a) In respect of the official income receivable at the time of marriage.
RULE: Multiply the annual contribution by the quantity found in Table B corresponding to
the respective ages of the husband and wife at the time of marriage.
The product will give the annual pension to which the wife will be entitled on her husband's death on account of his contributions in respect of the official income receivable at the time of marriage.
EXAMPLE: Thus, if such last referred-to member's official income at the time of marriage be $1,000 a year, and the annual contribution be $40 (to cease at age 55), and the ages of himself and wife at the time of marriage be 30 and 20 respectively, then
wife's pension.
$40 x 3.1888
$127.6