TNAG-2428-FCO40-3530-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 214

7

6

UK £ millions (at 1991-92 prices)

5

Emerging costs of benefits to HK HMOCS members

Case 1A: guarantee rate = HK$16, and assuming HK$ Josing value at 2%pa from HK$14 at 1/4/92

2007/08

2

2005

1

2017/18

2027/28

12037/38

2047/48

1,2057/58

2067/68

S185 NECS63

Years: 1997/98 to 2070/71

MOCS and potential HMOCS. Guarantee operates only when deficit exceeds earlier accumulated balance.

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