CO129-340 - Governor Nathan Acting Governor May - 1907 [4-6] — Page 648

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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Hongkong, 14th November, 1905.

The Committee appointed by His Excellency the Governor to put forward the views of the Civil Service on the subject of the Widows and Orphans Pension Fund have the honour to report that after consulting all contributors to the Fund they find:-

1. That the Service is unanimously opposed to the proposal that the Fund should be transferred to the Government.

2. That a majority of contributors are in favour of a compulsory insurance scheme in place of the present Pensions scheme.

3. That a minority prefer that the existing scheme should continue, but are of the opinion that the pensions are insufficient in view of the large amount of the total annual contributions. They further suggest that the daughters of deceased officers should be supported from the Fund until marriage instead of until the age of 21 years only.

With regard to the question of the transfer of the Fund the Committee desire to point out that the Government has, under Section 13 of Ordinance No. 30 of 1890 and Section ... of Ordinance No. 3 of 1900, guaranteed that all contributions shall during the continuance of the Fund bear interest at the rate of 6% per annum.

Under present circumstances the Government employs the Fund for purposes of General expenditure paying 6% compound interest for the use of the money.

Honourable

The Colonial Secretary.

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Hongkong, 14th November, 1905. The Committee appointed by His Excellency the Governor to put forward the views of the Civil Service on the subject of the Widows and Orphans Pension Fund have the honour to report that after consulting all contributors to the Fund they find:- 1. That the Service is unanimously opposed to the proposal that the Fund should be transferred to the Government. 2. That a majority of contributors are in favour of a compulsory insurance scheme in place of the present Pensions scheme. 3. That a minority prefer that the existing scheme should continue, but are of the opinion that the pensions are insufficient in view of the large amount of the total annual contributions. They further suggest that the daughters of deceased officers should be supported from the Fund until marriage instead of until the age of 21 years only. With regard to the question of the transfer of the Fund the Committee desire to point out that the Government has, under Section 13 of Ordinance No. 30 of 1890 and Section ... of Ordinance No. 3 of 1900, guaranteed that all contributions shall during the continuance of the Fund bear interest at the rate of 6% per annum. Under present circumstances the Government employs the Fund for purposes of General expenditure paying 6% compound interest for the use of the money. Honourable The Colonial Secretary.
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CUP Y. Sir, Enclosure C.C 6414 IREC 26442 Reef 25 JUL 07 Hongkong, 14th. November, 1905. The Committee appointed by mis xcellency the Governor to put forward the views of the Civil Service on the subject of the widows and orphans Pension Fund have the honour to report that after consulting all contributors to the rund they find:- 1. That the Service is unanimously opposed to the proposal that the Fund should be transferred to the Government. 8. That a majority of contributors are in favour of a compulsory insurance schere in place of the present Pensions dolore. 3. That a minority prefer that the existing schere should continue, out are of the opinion that the pensions are insuf- -ficient in view of the large amount of the total annual contributions. They further suggest that the daughters of deceased officers should be supported from the rund until earringe instead of until the age of 21 years only. 2. With regard to the question of the transfer of the wund the Committee desire to point out that the Goverment has, under Section 13 of Ordinance No. 30 or 1990 and Section of urdisiner No. 3 of 1900, guaranteed that all contributions shall during the continuance of the rund cear interest at the rate of 6% per annul, Under present circumstances the Government employs 3. the Fund for purposes of General sxpenditure paying 6 compound interest for the use of the rongy. The Committee understands that it IS Honourable The Colonial Secretart.
2026-06-04 20:32:25 · Baseline
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CUP Y.

Sir,

Enclosure

C.C

6414

IREC

26442

Reef 25 JUL 07

Hongkong, 14th. November, 1905.

The Committee appointed by mis xcellency the

Governor to put forward the views of the Civil Service on the subject of the widows and orphans Pension Fund have the honour to report that

after consulting all contributors to the rund they find:-

1.

That the Service is unanimously opposed to the

proposal that the Fund should be transferred to the Government.

8.

That a majority of contributors are in favour of a compulsory insurance schere in place of the present Pensions dolore.

3.

That a minority prefer that the existing schere

should continue, out are of the opinion that the pensions are insuf-

-ficient in view of the large amount of the total annual contributions. They further suggest that the daughters of deceased officers should be supported from the rund until earringe instead of until the age of 21

years only.

2.

With regard to the question of the transfer of

the wund the Committee desire to point out that the Goverment has,

under Section 13 of Ordinance No. 30 or 1990 and Section of urdisiner

No. 3 of 1900, guaranteed that all contributions shall during the

continuance of the rund cear interest at the rate of 6% per annul,

Under present circumstances the Government employs

3.

the Fund for purposes of General sxpenditure paying 6 compound

interest for the use of the rongy. The Committee understands that it

IS

Honourable

The Colonial Secretart.

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