TNAG-2293-FCO40-3305-Official-visits-from-Hong-Kong-to-China-1991 — Page 15

RMOCS

Serving Officers, Potential Members, Pensioners

Values of Pension Liability - Dec 1991

-

Single Payment

HKS billion

5 Annual Payments from 6/92 to 6/96

Capitalised Value as at 1992

1.

2.

All pensionable service; All payments from 1.1.92

Service before 1.1.92; Payments from 1.1.92

5.0

3.2

}

3.

All pensionable service; All payments from 30.6.97

3.8

+

!

}

Service before 1.1.92; Payments from 30.6.97

2.3

་

#

Notes

1.10

0.70

0.85

0.50

(1) Costs a little higher, if significant proportion of staff opt to remain in Old Schene.

纛

·

(ii) Costs could be lower, if not all "Agreement" staff switch to PPE.

1

t

YU. VIS

015

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