TNAG-2428-FCO40-3530-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 123

27-OCT-1992 10:05

C.S.B. (2) 8685069

MENO

P(C)

Ref. (78) in AM 295/29

Tel. No.

810 2693

Date .........

26 July 1991

G. F. TSA

LONG A

+852 524 3164

P.02

To 2(A), 2(3), 2(D), F(3)

Your Ref................................................................................

dater

Transfer of Agreement Officers

to the Permanent Establishment

As set out in CSR 121(1)-(3), an agreement officer who satisfies the conditions laid down in the regulation may apply for transfer to the permanent establis ment. CSR 121(4) provides that on transfer to the permanent establishment, an officer may augment his pensionable service by buying back

by buying back his previous agreement service through refund of gratuity payments with interest.

The officer may elect to buy back e.ther the entire period of his previous service in one go or the service of any full tour of agreement prior to the date of his transier

2.

•

AS a result of an audit revie' on the arrangem ir ts for transfer to the permanent establishment, it has been agreed with the Director of Audit that

(a) in addition

02

CSR 121(1)-(3), it has to be satisfied that officer will have a minimum

the Conditions set out

of five years

serve before

reaching :ormal

retirement age

and

(b)

an officer will be given

time limit

01/

12 months from the date of transfer to exercise

the buying back option.

3.

that

(a)

To implement these revis ad arrangements, it is suggesped

Old

to

Pensior repáze

before approval is given for an officer who i: aged 40 or above to transfer Co the permanent establishment, he must be informed in wrizing that (i)

(i) should he Opc for the Scheme he will

not be a: lowed prematurely under the previ: ions set our ir CSR 332 within a period of five years from the date of transfer; and (11) should he opt for the New Pension Scheme, he will not be allowed tc retire vithin a period of five years from the date of transfer; and

(b) the 12-month time limit referred to in para 2(b) above should be stipulated in the letter. to the officer conveying approval for transfer, co the permanent establishment.