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Retirement benefits of academic staff
Following is a question by the Hon Cheung Man-kwong and a written reply by the Secretary for Education and Manpower, Mr Michael Leung, in the Legislative Council today (Wednesday):
Question:
The retirement benefits payable to the teaching staff of the institutions funded by the University Grants Committee are calculated by multiplying the final monthly basic salary by the length of qualifying service and a multiplying factor. In this respect, will the Government inform this Council:-
(a)
(b)
of the number of teaching staff who were promoted within eighteen months prior to their retirement in the past three years; of this number, how many were on salary points equivalent to point 34 and above of the Civil Service Master Pay Scale, together with their distribution by institutions; and
whether the Government will review such a promotion arrangement in view of the fact that the staff mentioned in (a) are able to enjoy an increase in retirement benefits upon their promotion within eighteen months prior to their retirement; if not, why not?
Reply:
Mr President,
Over the past three years in the UGC-funded institutions only three academic staff on the equivalent of MPS point 34 or above were promoted within eighteen months prior to their retirement. One of these staff was at CUHK and the other two were at HKU.
The Government will not review or otherwise intervene in these matters since the appointment and promotion of academic staff are matters entirely within the jurisdiction of the UGC-funded institutions.
End/Wednesday, July 5, 1995