CO129-488 - Governor Sir Stubbs - 1925 [1-7] — Page 36

Hn. Khi LS. & IS. have

نسه

allum adopter the 5 tables

has

bun

the

Pindad & Ceylon.

preparation ofroh.

paid for bi

When askin

abrandy proposed

→

there pp (ie. £.S., Irs. Hr.) hat

I completed, they the

reuiculated to me

to Fura

up

refund of the appropiate

the in of the proportions of the

cost of

this work.

(su

now mainte

4/19071/28-15.)

No:41.

6.0.

11014

9 MAT 25

34

Л

GOVERNMENT HOUSE.

HONGKONG. 29th January, 1925.

Qay

26454/28

!

sir,

With reference to your despatch No.261 of the 25th August, 1924, on the subject of the Hongkong Widows and Orphans' Pension Scheme, I have the honour to inform you that I do not desire that an actuarial investigation be made and agree to accept the tables

-

prepared on the 8% basis a copy of which has been supplied by the Government of the Federated Maley States - aubject to an opening being left to pay pensions not less than 25% above these calculated under the existing 6%

Such cases would however be very rare,

tables.

2*

I presume that the new 87% basis of calculation will apply equally to contributions made to the original Widows and Orphans' Pension Fund before ita absorption in the present Government Scheme and that the Apportionment of the Surplus resulting from the valuation of that fund on 31st December, 1908 made by Mr. T. E. Young will not be affected. I would refer you to Mr. Harcourt's

1911, despatch No.106 of 13th April,

3.

I should be glad if the actuaries could

undertake to calculate pensions and prospective pensions

up to the end of the year 1924.

4.

Yumg x

THE RIGHT HONOURABLE

&C..

LIEUTENANT COLONEL L.C.M.S. AMERY, M.P.,

&c..

&c.