CO129-452 - Others & Individuals - 1918 — Page 90

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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Apart from the legal and equitable questions, there is the financial. The pensions of widows and orphans payable under the H.K. Scheme are calculated out by Ross's Tables, & these Tables are framed on the assumption that the Colony allows 6% compound interest. The Colony's doing this makes a considerable, though undeterminate, contribution to the pensions. Then it doesn't seem fair that it should make such a contribution to the widows or orphans of Postal Agency officials.

If the G.P.O. Treasury wants the H.K. Scheme opened to Postal Agency officials who are not already contributors, the fairest plan would be for the G.P.O. to be credited with all such contributions and to pay for pensions in case of such contributors. The H.K. Govt might be willing to bear the additional cost of management due to these members.

I agree that if the scheme is to be opened, these points should be put to the G.P.O. and if they concur, I will say I will consult the H.K. Govt as to the law to be amended to enable Classes (B), (C), and (D) officers to become contributors under the Hong Kong Scheme if they elect to do so; but that if the G.P.O. wishes to force Classes (B) and (C) to do so, they must do it themselves; and that, as regards (D) officers, the ...

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Apart from the legal and equitable questions, there is the financial. The pensions of widows and orphans payable under the H.K. Scheme are calculated out by Ross's Tables, & these Tables are framed on the assumption that the Colony allows 6% compound interest. The Colony's doing this makes a considerable, though undeterminate, contribution to the pensions. Then it doesn't seem fair that it should make such a contribution to the widows or orphans of Postal Agency officials.If the G.P.O. Treasury wants the H.K. Scheme opened to Postal Agency officials who are not already contributors, the fairest plan would be for the G.P.O. to be credited with all such contributions and to pay for pensions in case of such contributors. The H.K. Govt might be willing to bear the additional cost of management due to these members.I agree that if the scheme is to be opened, these points should be put to the G.P.O. and if they concur, I will say I will consult the H.K. Govt as to the law to be amended to enable Classes (B), (C), and (D) officers to become contributors under the Hong Kong Scheme if they elect to do so; but that if the G.P.O. wishes to force Classes (B) and (C) to do so, they must do it themselves; and that, as regards (D) officers, the ...Page 90Page 91
Baseline (Original)
Apart from the legal and equitable questions, there is the financial. The pensions of widows orphans payable! the II.K. Scheme underaprmeans calculated out by of Rusion Tables, & these Tables the assumptionframed that the Col God allows 6% compound interest. The ColGod? this makes a considerable though undeterminate contribution ماseem the pensions. Then Soesn'tany should make suchwhyit a contribution to the widows or orphans of Postal Agency Jf the 9.P.0 Treasury want the I.K. Scheme opened to Postal Agency officials who are not already contributors, the farest plan would be for the G.P.O to be creditedJagree with all such contributions 88 to pay for penerois aKalltherefrends in case of such contributors. The H+K Govt might be willing to bear the additional cost of managementof due 10 members.J the scheme the additional should bemelinedto putthese pomits to the that if they T.P.O andconcurWL say i will consult the HK Govt as the lawSoave to amending to enable (B) (C) (D) officers to become& contributors under the Hthoug Scheme if they elect to do but that if the G.P.OSowish to force classes (B) &(c) to do co they must do it themselves; and that, as regards (D) officers, the Page90Page 91
2026-06-26 10:12:15 · Baseline
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Apart from the legal and equitable questions, there is the financial. The pensions of widows orphans payable!

the II.K. Scheme

under

apr

means

calculated out by of Rusion Tables, & these Tables

the assumption framed

that the Col God allows 6% compound interest. The Col

God? this makes

a

considerable

though undeterminate contribution

ما

seem

the pensions. Then Soesn't

any

should make such

why

it

a

contribution to the widows

or

orphans of Postal Agency

Jf

the 9.P.0 Treasury

want the I.K. Scheme opened

to Postal Agency officials who are not already contributors,

the farest plan would be for the G.P.O to be credited

Jagree

with all such contributions 88

to pay for penerois a

Kall

the

refrends in

case of

such contributors. The H+K

Govt might be willing

to

bear the additional cost of

management of

due

10

members.

J

the scheme

the additional

should be melined

to put these pomits to the

that if they

T.P.O and

concur

WL

say

i will consult

the HK Govt as

the law

So

ave

to amending

to enable

(B) (C) (D) officers to become

&

contributors

under the Hthoug

Scheme if they elect to do but that if the G.P.O

So

wish

to force classes (B) &

(c) to do

co

they must do

it themselves; and that, as

regards (D) officers, the

Page 90Page 91

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