as defined in the PIA71 beginning on 8 April 1991.] See example 3.
Multiple service, eg Home -> HK
[Ascertain officer's grade and salary point at date of
retirement. Determine equivalent salary point as at 1 January 1992 (based on April 1991 salary levels). Calculate officer's "notional HK pension" using the the 1992 salary and mixed service pension formula used to determine his actual HK pension. Check whether the officer opted for an unreduced pension or a reduced pension. Apply the same option to the 1992 pension. Divide the pension by [16/26] etc. This produces the "notional HK pension" at 1992 levels which would be increased annually using UK PI inflators as though it was an an official pension, as defined in the PIA71, beginning on 8 April 1991.] See example 4.
C. Officers who opt to commute part of their HK pension in favour of a gratuity on or after the operative date of the Scheme.
Single HK service
[Follow the rules for B. above to find the "notional HK gratuity" at 1992 levels. This would be increased in line with UK PI inflators in force immediately prior to the officers date of retirement as though it was an official pension, as defined in the PIA71, beginning on 8 April 1991.] See example 5.
Multiple service, eg Home -> HK
[Follow the rules for B. above to find the "notional HK gratuity" at 1992 levels. This would be increased in line with UK PI inflators in force immediately prior to the officers date of retirement as though it was an official pension, as defined in the PIA71, beginning on 8 April 1991.] See example 6.
D. Officers who retire on pension (unreduced or reduced) from other Scheduled service before the operative date of the Scheme.
- Multiple service, eg HK -> Home
[Calculate the officer's "notional HK pension" by
converting his basic HK pension (unreduced or reduced depending on officer's option) into sterling using the
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