22
חד
WEDNESDAY, JULY 25, 1990
HOSPITAL AUTHORITY IS FOR THE BENEFIT OF HK
BENEFIT OF HONG KONG THE HOSPITAL AUTHORITY (HA) IS FOR THE
SYSTEM IN AND ITS MANDATE IS TO RUN THE PRESENT AND FUTURE HOSPITAL
IN THE HONG KONG AS EFFICIENTLY AS POSSIBLE, THE HON JAMES TIEN SAID LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
SPEAKING IN SUPPORT OF THE HOSPITAL AUTHORITY BILL 1990 NOT THINK OF THE ITS RESUMED DEBATE, MR TIEN SAID WE SHOULD ONLY AS A MEANS OF STAFF BENEFITS, IMPORTANT THOUGH THEY WERE.
HE
THE
IMPROVED SAID
HAD CONSIDERABLY GOVERNMENT ORIGINAL PROPOSALS, AND ALL TO THE BENEFIT OF STAFF MEMBERS.
DURING SCHEMB
ON
ITS
PROVIDENT FUND AND THAT THE TO MAINTAIN THIS
HE POINTED OUT THAT FOR RETIREMENT BENEFITS, A WOULD BE SET UP WHICH WOULD COST THE EMPLOYEE NOTHING, HA AS AN EMPLOYER WOULD CONTRIBUTE ALL 15 PER CENT FUND.
THE
PENSION
ARRANGEMENTS
TO CIVIL AVAILABLE COMPARED WITH
FOR EXAMPLE, SERVANTS, THE PROPOSALS WERE DEMONSTRABLY MORE GENEROUS.
SEPARATELY AND THERE WAS NO WORRY THE PROVIDENT FUND WOULD BE FUNDED THAT THE EMPLOYER WOULD BE UNABLE TO DELIVER THE PROMISED PENSION, TIEN SAID.
MR
HE
ALSO
SAID THAT PROFESSIONAL MANAGERS WHOSE
THE SCHEME
OBJECTIVES
BE WOULD WOULD BE
HANDED
OVER
то
TO GET THE BEST RETURN TOGETHER WITH THE MOST REASONABLE LEvel of SECURITY.
MR TIEN SAID THAT PARTICULARLY IMPRESSIVE WAS
OF THE SCHEME.
THE FLEXIBILITY
TO GET THEIR
"STAFF WILL NOT HAVE TO WAIT FOR RETIREMENT AGE BENEFITS. THEY CAN TAKE AWAY ONE LUMP SUM WHEN THEY LEAVE."
CURRENT FRINGE
SECONDLY, MR TIEN SAID THE PROPOSAL TO COMMUTE BENEFITS INTO CASH ALLOWANCES WAS VERY PRACTICAL TO STAFF.
"SUCH CASH ALLOWANCES WILL BE PAID AT RATES PER CENT TO 60 PER CENT OF STAFF MEMBER'S SALARY."
IN
RANGING FROM 4.5
THAT THE SALARY
MORE THAN THIS WAS THE PARTICULARLY VALUABLE BENEFIT CASH
WOULD BE
WITH PROPORTION ALLOWANCE
INCREASED INCREASES AS YEARS WENT ON, HE SAID.
BE ABLE ΤΟ AND HA WAS UP TO A MAXIMUM
AS FOR HOUSING BENEFITS, MR TIEN SAID STAFF WOULD TAKE OUT A MORTGAGE UP TO A MAXIMUM OF 60 MONTHS' SALARY, PREPARED TO SUBSIDISE HALF OF THE INTEREST PAYABLE LIABILITY OF SIX PER CENT.
PER CENT BE REQUIRED
MOREOVER, HA WOULD NEGOTIATE WITH BANKS TO COVER 100 OF THE VALUE OF THE CHOSEN PROPERTY, AND STAFF WOULD NOT TO MAKE ANY DOWN PAYMENT FOR THE FLAT OR PROPERTY CONCERNED, HE ADDED.
/ON BRIDGING .......