GRS 250
RESTRICTED
RESTRICTED
FM HONG KONG 0305OOZ SEP 24
TO ROUTINE F C O
TELEGRAM NUMBER 2615 OF 3 SEPTEMBER
YOUR TELNO. 1726 : FUTURE OF HONG KONG : ADMINISTRATION TEST OF ACCEPTABILITY.
IT IS CUSTOMARY FOR US TO HAVE REGARD TO ON-COSTS FOR PENSION, ETC., WHEN ASSESSING THE LEVEL OF RENUMERATION TO BE CHARGED FOR THE SERVICES OF ANY HONG KONG GOVERNMENT OFFICER SECONDED TO AN OUTSIDE ORGANISATION. IN MR JUSTICE LI'S CASE THESE COMPRISE:-
(A) PENSION AND GRATUITY
(47.15 PERCENT ON ANNUAL SALARY)
NK DOLLARS
246.123
:
(B) W. AND C. PENSION SCHEME
7.830
(1.5 PERCENT ON ANNUAL SALARY)
(C) QUARTER (GRADE A)
217.326
(D) EDUCATION ALLOWANCE
(E) LEAVE PAY
(1.E) DOLLARS 522,000 X 27)
38,614
365)
(F) PASSAGES
-
LEAVE
34,524
2. YOU WILL READILY OBSERVE THAT THESE ON-COSTS ARE GREATER IN TOTAL THAN MR JUSTICE LI'S ANNUAL SALARY OF HKD 522,000. HOWEVER, FOR A VARIETY OF REASONS WE HAVE DECIDED NOT TO SEEK ANOTHER RECOUPMENT FULLY ON THIS OCCASION AND TO LEVY, INSTEAD, A PURELY TOKEN FIGURE OF ONLY 25 PER CENT.
YOUDE
MINIMAL
нко FED
RESTRICTED
Page 240Page 241
No comments yet.
Private notes are available after approval.