TNAG-2269-FCO40-3268-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1991 — Page 220

13/09/91

09:04

ODA EASTKILBRIDE

NO.004

COMPARISON ÓP CONDENSATION DAVM TUTO

LAWAIT

JAV

002

Akm STUS LA

HONG IG

Administration Officer Staff Grade C (point D2 on the Directorate pay

scale)

SalAYU MAYimum I wof 1/4/01 nay reviedon)

Exchange rate used for conversion

Example 1

HK$828,600 pa

HK$13.5 to £1

Age at retirement = 45

Length of service 20 years

table IB

-

(a) Compensation Payment due under Hong Kong Scheme (factor taken from

officer with retirement age of 60 superceded for promotion)

HK$ 828,600 x 1.88

HK$1,557,768.00

£ 115,390.22

(b) Compensation payment which would be payable using factor from a

traditional' general compensation scheme

HK$ 828,600 x 3.67

HK$3,040,962.00

€ 225,256.44

HONG KO

Chief Inspector in the Royal Hong Kong Police Force Salary maximum (wef 1/4/91 pay revision)

Exchange rate used for conversion = HK$13.5 to £1

Example 1

Age at retirement - 45

Length of service = 20 years

HK$442,260.00 pa

(a) Compensation Payment due under Hong Kong Scheme (factor taken from

table IB - officer with retirement age of 60 superceded for promotion)

HKS 442,260 x 1.88

HK$ 831,448.80

£ 61,588.80

(b) Compensation payment which would be payable using factor from a

'traditional' general compensation scheme

HK$ 442,260 x 3.67

=

HK$1,623,094.20

Ji

E

120,229.20