TNAG-0788-FCO40-992-Development-of-social-policy-in-Hong-Kong-proposed-contribut-1978 — Page 250

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

C

香港總督府

24FFile 233

233/1

8

Jeer

27/2

GOVERNMENT HOUSE

ONG KONG

нка

No but

shar

we

D. Jull Элл

enquire how much time Itcy will be fucking-

I

HKK 233

RECEIVED IN REGISTRY Nebruary 1978

22 FEB 1978

DECK INDEX

PA

THE GREEN PAPER ON SOCIAL SECURITY

1.

REMISTRY

Action Taken

HKGD for euts

& action (it has

tween carved to Ps Law

Gorony Roberts)

Thank you for your letter of 1 February I am so glad the Minister of State welcomes the programme. Naturally we want it to succeed, and will keep an eye on how public comment develops. We did not suggest it in the expectation that it would be rejected, and I see no likelihood of this happening. If vocal opposition does emerge, it will be when concrete proposals are made, and this stage is some way off. However if opposition does emerge, we will have to consider how to meet it, but a publicity campaign at this stage would be inappropriate and premature.

2.

·

I am glad the Minister of State agrees that the proposals in the Green Paper represent about as much as is practical at this stage. For my part I accept that no position is a final one in an evolving situation.

3. With regard to timing (your para 4), a contributory scheme must be based on actuarial calculations. For this reason we have sent all the material available to the Government Actuary's Office in the UK.

When we have their reply we will no doubt be able to make further progress.

This does not mean that I am asking

We you to breath down the Government Actuary's neck. are concerned with the proper handling of a great deal of money and if there are flaws in the practical details of the scheme we eventually propose, you can be assured that this mathematically-minded people will see through it in a flash, so let us at all costs start with our calculations right.

DF Murray Esq CMG

Foreign & Commonwealth Office

London SW1

112

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