TNAG-0916-FCO40-1127-Policy-on-salaries-and-pensions-for-civil-servants-in-Hong-K-1979 — Page 90

can

I would oppose increasing the fraction of the pension which can be commuted. The object of a pension scheme is to provide an annual income on which the pensioner can live all his life. A lump sulun be wasted, or if saved may not last long enough for a pensioner who lives for a long time.

Yours sincerely

Rebuilder

R C GILDER

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