}
10
in the process of drafting a composite miscellaneous pensions
amendment bill to remove inconsistencies and anomalies in the
existing pensions legislation.
23.
The main change is to provide for service below the
age of 18 years to count as pensionable service in all
At present such service counts for person in some
It is therefore proposed, on
cases.
cases and not in others.
equity, to amend the pensions
grounds of consistency and
ordinances to provide that all service regardless of age
should count for pension. However, it is
not intended that
this should apply retrospectively to officers who have
already left the service.
24.
Because there is a limitation on the maximum amount
of pension one can accrue (maximum pension cannot exceed
two-thirds of highest salary) the modification is unlikely to
have any significant effect on the cost of pensions.
25.
Another amendment will provide for a more flexible
definition for "pensionable emoluments" for acting allowance
to be taken into account as pensionable emoluments where an
officer retires after performing satisfactorily in a higher
office in an acting capacity for a prolonged period, but
cannot be promoted
to that office
because of the rank
No comments yet.
Private notes are available after approval.