94
2
3. Officers attached to an educational institution are not entitled to vacation leave under the rule stated above in paragraph 1 (a). When in the Colony they enjoy the ordinary vacations of the institution to which they are attached. When taking long leave outside the Colony they may be allowed to draw full pay during the first three months of their leave unless a school vacation has immediately preceded the grant of leave, in which case full pay may be drawn during two months only. The remainder of the leave in either case is on half salary, and half pay only can be drawn during any school vacation falling within the period of an extension of leave.
4. The present rule as to superannuation is that, in the case of ill-health, an officer holding a pensionable appointment may be allowed to retire on a pension after ten full years' resident service; otherwise he must have attained the age of 55. For ten full years' resident service fifteen-sixtieths of the average annual salary of the retiring officer's fixed appointments for three years prior to retirement may be awarded, to which one-sixtieth may be added for each additional year's service; but no addition will be made in respect of any service beyond 35 years and no pension may exceed £1,300 per annum. For pension purposes leave on full pay counts as full service, and leave on half pay as half service.
5. A deduction of 4 per cent. is made from the salaries of all members of the permanent Government Service, as a contribution towards the provision of pensions for the widows and orphans of Government officers.
6. The currency of Hong Kong is based on the silver dollar. For purposes of local payment salaries fixed in sterling are converted into dollars at a rate fixed by the Government. This rate is at present 2s. $1, but is liable to alteration.
A strictly temporary allowance is also granted at present, based on the average exchange value of the dollar with sterling. This allowance is on the following scale :-
When exchange is-
At or over 4s. 4d.
and below 4s. 4d.
Allowance per cent. on salary is
0
3
4s.
""
3s. 8d.
"J
3s. 4d.
4s. 3s. 8d.
6
9
•
""
39
3s.
3s. 4d.
12
22
""
28. Ed.
3.8.
15
>>
""
2s. 8d.
18
""
20
Over 2s. 6d.
At or below 2s. 6d.
COLONIAL OFFICE,
Feb
~
1922.
J
NOTE. Further information can be obtained at the Far East Department of the Colonial Office.
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