TNAG-0697-FCO40-847-Pension-scheme-for-governors-1978 — Page 90

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

THE FOLLOWING REFERENCE NUMBER

SHOULD BE QUOTED IN ANY REPLY

NO

1~HKA 233/1

RECEIVED IN REGISTRY NO. 5ì

27 JUN 1978

DESK OFFICER

INDEX

حاله

REGISTRY

PA

Action Taker

ех...

41

Prae r ***

CAYMAN ISLANDS

Hong Kong and General Department

200

Dear

Mo

Gregory

"OFFICE OF THE GOVERNOR

GRAND CAYMAN

CAYMAN ISLANDS

13 June

Mh. La

LAST

传糖

1979

17

NEX

33-79

REF.

18 (19)

File, HKA233/1

desoiss

"-མ་

ista

Како

(

1.

When I was appointed in 1974 I was informed that the Governor's Pension Act was under review end that I should be informed of any revision. This was also stated in paragraph 25 of the Terms of Service and Allied Matters for theCuidance of Persons appointed as Governors of Dependent Territories enclosed with r Tallboy's letter HIA 2.501.15 of 3 April 1975. I was also informed by Mr Hall in his letter IIA 3/408/1 of 25 March 1975 that the question of pensionable emoluments who under consideration and that it was likely that pencionable emoluments would be related to the UK equivalent in the same way as OSAS officers. I was to be kept informed of developments.

Now, more than three years later, and after my original tour was due to be completed, I have still no further information on either subject. I should be grateful if you would inform me when this is likely to become available.

12.

3.

Pron the customers end the Governor's Pensions Act seems much less generous than Colonial Pensions Laws in the following respects:-

(a)

If a pensionable Officer transfers from one dependency to andher his pension is calculated on total service (provided that this is not broken) based on X months.over 600 multiplied by the final salary on which he retires. Service as a Governor is regarded as 'Other pensionable service' so that pension is effectively calculated in two parts based on the final salary drawn under Colonial Pensions Law and as a Governor under the Governor's Pensions Act.

(b) While it is a stipulation that final salary upon which pension is calculated, both under Colonial Pensions Laws or the Governor's Pensions Act is averaged over the final three years, most Colonial Pensions Laws have a proviso that salary revision adjustments for the same post will not be averaged and that the revised salary on date of retirement will be used for pension calculations. There is no such proviso under the Governor's Pensions Act.

(e) Then an officer dies in the service his widow under

Colonial Pensions Laws has the option to receive ciller a year's salary or the notional commuted pension earned by the officer at time of death if this is to her advantage. Under the Governor's Pensions Act there is no such option and the widow is only entitled to one years salary subject to a maximur laid down from time to time. The last occasion this appears to have been done (of which I have been informed) was in 1969 (Statutory Instrument No 1211) when the amount was fixed at £8600.

Original at: HKPF/RUSSELLA

This Copy for:

Information only / Action-on-

Parats)

/(a) Irrespective

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