TNAG-2427-FCO40-3529-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 207

SOVERMENT HOUSE HONG KONG.

HED 29 JUL 92 18:23

PG.02 (.5.G/HMOCA

480

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HKA 233/1

布政司署

香港下亞畢道

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(5) iu AP 298/5-C(92)

III

木署補號 OUR REF:

*E* Your Ref :

Ms E L Williams

Hong Kong Department

Foreign & Commonwealth Office London

GOVERNMENT SECRETARIAT

LOWER ALBERT ROAD

HONG KONG

File

(Action being taken

on another copy 29 July 1992 Qu

BY FAX

29/7

·

Dear Emma,

'Porting' of earned pensions

for UK Civil Servants

Hong

Compulsory

Government

will

on

a

towards

ä

Kong

issue

paper Retirement Protection Scheme for public consultation shortly.

The proposal requires a mandatory minimum contribution of 10% monthly salary (up to $1,500) of all

full time employees in Hong Kong Retirement Protection Scheme. The employer must contribute

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.

at

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 the light of

Compulsory Retirement Protection Scheme proposed for the community at large. I should be grateful if you would let me have more details on the 'porting' of 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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