TNAG-2685-FCO40-3886-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1993 — Page 17

calculated in accordance with the relevant law shall be

taken as the basic pensionable emoluments;

(ii) Assume (whether or not that is in fact the case) that the

pensioner has exercised his option under the relevant law to be

paid a commuted pension gratuity at the maximum rate and a

correspondingly reduced pension;

(iii) Calculate the reduced pension on the basic pensionable

emoluments. The amount so obtained constitutes the notional

Hong Kong pension ("NHKP");

=

(iv) Convert the amount of NHKP into sterling at the average

rate of exchange for 1991 (HK$ 13.76 £1). The amount so

obtained as increased by the increase in the UK retail price

index during the period from the 1st January 1992 to the pensioner's date of retirement is the United Kingdom pension

base ("UKPB") of the pensioner for the purposes of this Scheme.

(B) In the case of a member of HMOCS who retires before the

publication of the Scheme

(i) The amount of the pension granted under the law of Hong Kong is the notional Hong Kong pension;

(ii) Convert the amount of the notional Hong Kong pension into

sterling at [the rate of exchange in force at the date on which

the pension was granted] [the average rate of exchange for 1991

(HK$ 13.76 = £1)]. The amount so obtained is the pensioner's

UKPB.]

ALTERNATIVELY

(i) Identify the amount of the pension granted under the law of

Hong Kong.

scheme.pension.ADM.JRB

3

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