CO129-336 - Governor Nathan & Public Offices - 1906 [11-12] — Page 108

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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103

provision for them, Funds were established

in

during the eighties and early nineties -

Ceylon, Mauritius, the Straits Settlements,

the Federated Malay States, Hongkong, Jamaica,

Trinidad and British Guiana; and all permanent

officers were required to contribute four

per cent of their salaries to the Fund. The

Government made in effect a large contribution

to the Fund by agreeing to pay interest

at the high rate of 6 per cent on the monies

belonging to the Fund which were deposited

with it. Pensions are paid to widows or

orphans of contributors according to Pension

Tables prepared by Actuaries based upon the

best mortality statistics available.

3. Early in the present century it became

evident that the Fund system, though

necessary to enable the pension system to be

started, was not altogether satisfactory, and

the

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103 provision for them, Funds were established in during the eighties and early nineties - Ceylon, Mauritius, the Straits Settlements, the Federated Malay States, Hongkong, Jamaica, Trinidad and British Guiana; and all permanent officers were required to contribute four per cent of their salaries to the Fund. The Government made in effect a large contribution to the Fund by agreeing to pay interest at the high rate of 6 per cent on the monies belonging to the Fund which were deposited with it. Pensions are paid to widows or orphans of contributors according to Pension Tables prepared by Actuaries based upon the best mortality statistics available. 3. Early in the present century it became evident that the Fund system, though necessary to enable the pension system to be started, was not altogether satisfactory, and the
Baseline (Original)
103 provision for them, Funds were established Y in during the eighties and early nineties - Ceylon, Mauritius, the Straits Settlements, the Federated Malay States, Hongkong, Jamaica, Trinidad and British Guiana; and all permanent officers were required to contribute four per cent of their salaries to the Fund. The Government made in effect a large contribu- tion to the Fund by agreeing to pay interest at the high rate of 6 per cent on the monies belonging to the Fund which were deposited Were with it. Pensions are paid to widows or orphans of contributors according to Pension Tables prepared by Actuaries based upon the best mortality statistics available. 3. Early in the present century it be- came evident that the Fund systen, though necessary to enable the pension system to be started, was not altogether satisfactory, and the
2026-06-02 10:58:40 · Baseline
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103

provision for them, Funds were established

Y

in

during the eighties and early nineties -

Ceylon, Mauritius, the Straits Settlements,

the Federated Malay States, Hongkong, Jamaica,

Trinidad and British Guiana; and all permanent

officers were required to contribute four

per cent of their salaries to the Fund. The

Government made in effect a large contribu-

tion to the Fund by agreeing to pay interest

at the high rate of 6 per cent on the monies

belonging to the Fund which were deposited

Were with it. Pensions are paid to widows or

orphans of contributors according to Pension

Tables prepared by Actuaries based upon the

best mortality statistics available.

3. Early in the present century it be-

came evident that the Fund systen, though

necessary to enable the pension system to be

started, was not altogether satisfactory, and

the

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