TNAG-1611-FCO40-2214-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1987 — Page 156

Speech by the

Secretary for Education & Manpower

in the Legislative Council on 2nd December 1987

to introduce a Resolution under

Section 48A of the Employees Compensation Ordinance

He said:

sir,

Order Paper.

first

I move the, motion standing in my name on the

人

The purpose of this resolution is to revise and

update the levels of compensation specified under various

sections of the Employees' Compensation Ordinance. This is

customarily done every two years, in accordance with the

recommendations of a 1978 Working party which reviewed the

then Workmen's Compensation Ordinance. The present levels

have been in force since 1 January 1986, So a further

revision is now due. To give insurers sufficient time to

adjust their rates of premium, it is proposed to bring the

revised levels of compensation into force on 1 January 1988.

le.

Increases in levels of compensation are based on

increases in wages over a given period, the current period

being 1 January 1986 to 31 December 1987. The latest

estimates are that wages will have increased by about 15.5 per cent

during this two-year period.