XN000022-1994-07-12 — Page 3

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MATHS DISCIPLINES THE MIND

TUESDAY, JULY 12, 1994

MATHEMATICS HELPS GIVE TO THE MIND THE DISCIPLINE THAT IT NEEDS REGIMES ΤΟ PERFORM TO ITS FULL POTENTIAL, JUST AS VIGOROUS TRAINING

TO GIVE TO THE PHYSICAL ATHLETE THE DISCIPLINE NEEDED TO RUN OR SWIM

CHRISTOPHER PATTEN, THE HIGHEST POTENTIAL, THE GOVERNOR, THE RT HON SAID TODAY (TUESDAY).

SPEAKING AT THE OPENING CEREMONY OF

THE

MATHEMATICAL

OLYMPIAD,

MR PATTEN

COMPARED

THE

TO

35TH INTERNATIONAL

EVENT

SPORTS

ACTIVITIES.

"THERE

IS AN

ATHLETICS

OF THE MIND SAME SPIRIT OF DELIGHT,

THAT THE SAME

GIVES TO ITS FEELING OF

PARTICIPANTS THE EXALTATION, THAT SENSE OF BEING MORE THAN MAN OR WOMAN, WITH ACHIEVING THE VERY HIGHEST EXCELLENCE,

HE SAID.

THAT COMES

MR PATTEN ALSO NOTED THAT HONG KONG WAS THE FIRST CITY IN SOUTH EAST ASIA TO HOST THE EVENT.

0

GOVT CONSULTATION PAPER ON OLD AGE PENSION SCHEME

A CONSULTATION PAPER CONTAINING DETAILS OF THE PROPOSED OLD AGE PENSION SCHEME (OPS) WAS PUBLISHED TODAY (TUESDAY) FOR PUBLIC UNTIL THE END OF OCTOBER.

COMMENT

THE

CONSULTATION

WOULD

EDUCATION AND PROVIDE FOUR

HIGHLIGHTING

THE

IN MAJOR RECOMMENDATIONS PAPER AT A PRESS CONFERENCE, THE ACTING SECRETARY FOR MANPOWER, MR W K LAM, SAID THE PROPOSED SCHEME DISTINCT ADVANTAGES. THEY ARE :

-

* IMMEDIATE BENEFITS UPON IMPLEMENTATION;

INCOME SECURITY FOR ALL

ELIGIBLE

ELDERLY RESIDENTS,

INCLUDING LOW-INCOME EMPLOYEES, HOUSEWIVES AND RETIREES;

INFLATION-PROOF INCOME SET AT A GUARANTEED BASIC LEVEL; AND

*

A LOW CONTRIBUTION RATE.

MR LAM EMPHASISED THAT THE PROPOSALS WERE BEING PUT FORWARD FOR PUBLIC COMMENT, AND NO DECISION WOULD BE TAKEN UNTIL PUBLIC VIEWS WERE CLEAR ABOUT ITS ACCEPTABILITY.

OUTLINING THE MAIN POINTS OF THE PROPOSED SCHEME, MR LAM THE FOLLOWING DETAILS :-

GAVB

BENEFITS AND ELIGIBILITY CRITERIA

THE INITIAL PENSION LEVEL WILL BE $2,300 A MONTH AT 1994 LEVELS. IT WILL BE ADJUSTED WITH INFLATION.

PRICE

/THE PENSION