TNAG-2397-FCO40-3484-Hong-Kong-Civil-Service-policy-1992 — Page 116

GOVERMENT HOUSE HONG KONG.

布政司署

香港下亞陣舉道

WED 29 JUL 92 10:23

PG.02

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RESTRIC

(5) in AP 298/5-0(92) III

*** Our Ref :

HKA 016/1

*ERM Your Ref :

Ms E L Williams

Hong Kong Department

Foreign & Commonwealth Office

London

Dear Emma,

GOVERNMENT SECRETARIAT

LOWER ALBERT ROAD

HONG KONG

P.a. pls Pcs general Qw 1418

29 July 1992

55

Pis

And

BY FAX

Sheona Duff,

Overseas Pensions Dept, ODA (E. Kilbride)

We spoke. Grateful for any

information on X you

'Porting of earned pensions can get hold of?

for UK Civil Servants

Government will issue

a

Protection

Emma Williams

Емма

WH 303

a

HKD, FCO

2702652

2917192

Kong Hong

ä

on paper Compulsory Retirement

Scheme for public consultation shortly.

proposal requires a mandatory minimum contribution Of 10% monthly salary (up to $1,500) of all full time employees in Hong Kong towards Retirement Protection Scheme. The employer must contribute at least 5% of

The "vested" the salary of the employee. benefits under the Scheme will be transferrable when the employees change jobs. I am presently looking at the Civil Service implications of the proposed scheme.

As

Incidentally, I learnt that UK Civil Servants may 'port' their earned pension todate if they change jobs. you may be aware, we have no such provision in Hong Kong but may

have to consider whether a change is warranted in Compulsory Retirement Protection Scheme the community at large. I should be grateful if you would let me have more details on the 'porting' óf

the light of proposed for

earned pensions for UK Civil Servants, namely, when this is implemented, the rationale, the 'porting' arrangements and relevant legislation.

Thank you very much for your kind assistance.

Yours ever,

(Miss Christina Tsang)

for Secretary for the Civil Service

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