Working hours of retirement schemes office extended
The Registrar of Occupational Retirement Schemes, Mr Ros Lam, today (Monday) reminded employers who have set up private occupational retirement schemes to register their schemes on or before October 15.
"There are only a few days left before expiry of the deadline for registration of existing schemes and there will not be an extension," Mr Lam said.
"The main purpose of the Occupational Retirement Schemes Ordinance is to protect the interests of scheme members so that retirement benefits promised them will be paid when they fall due."
To assist and facilitate employers who have not yet registered their schemes, the Office of the Registrar of Occupational Retirement Schemes at the Queensway Government Offices will extend its normal working hours throughout the lunch hours and until 7 pm daily from today (Monday) to Saturday (October 14) to answer enquiries and to receive applications.
The Registrar's Office will also be opened from 9 am to 7 pm on October 15 (Sunday).
"Employers operating such schemes after October 15, 1995, may be prosecuted and shall be liable to a fine of up to $500,000 and imprisonment for two years," said Mr Lam.
End/Monday, October 9, 1995
Fourth quarter rates due on October 31
Rates for the fourth quarter of this year are payable on or before October 31, a spokesman for the Rating and Valuation Department said today (Monday).
Payment can be made using the Payment by Phone Service or by post addressed to the Director of Accounting Services, PO Box 8000, GPO, Hong Kong, or in person at any of the following offices: