CONFIDENTIAL
(તે)
Pension
Enhancement for Retirement on Account of
Duty-related Injury
31.
Officers
Who
retire On grounds of duty-relateu
injury after a short service (less than five years) ace not
eligible for any enhancement of their service pension, wit
officers
similarly retire with five or More years
who
service can benefit.
of service.
We
The different
treatment cannot be
the provision
should
be
justified.
that propose
extended to all officers so retired, irrespective of length
The enhancement would be in the form of á
decmed increase in service OY doubling the officer's
service, subject to a minimum of two years, and a maximu
of not exceeding the period of service which the officer
would have completed on attaining normal retirement age.
Financial and Staffing laplications
32.
Government's liability under the dependant pension
new recruits would join the
advised that the savings to
schemes would be reduced upon making membership voluntary.
Assuming that only 10% of
voluntary WCPS, GAD have
Government would ultimately Re equal to about 4% of
salaries of all male pensionable officers.
33.
There would be
loss in revenue from staff
contributions when serving members opt out of the schemes,
Assuming a withdrawal rate of 90%, this is estimated to be
No comments yet.
Private notes are available after approval.