Outline and Costs of Capitalisation Option
UNIVE
Annex A
Prepared by Whitehall Team visiting Hong Kong
to assess the options for the capitalisation
of HMOCS pensions
Annex A: Key features of scheme and areas of flexibility
Annex B: Estimated financing costs of
four approaches
Note : A possible approach involving a private sector financial intermediary is under examination by HKG and requires further discussion.
HMT, ODA, GAD
12 December 1991
:
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Private notes are available after approval.