How an officer can calculate the level at which his pension
will be protected
An officer must first establish his "notional" pension. To do
so he determines the pension to which he would have been
entitled had he retired in January 1992 but based on his
likely actual length of service and the substantive rank he is
likely to hold on the date of actual retirement. The
resulting figure in Hong Kong Dollars is then uprated in line with increases in UK RPI since January 1992. The resulting
figure is the officer's "notional" pension.
To obtain the sterling value of the protected pension the "notional" pension should be divided by 21. If the sterling value of a pensioner's total pension (ie his basic pension,
local pension increases, and SPOS) falls below this figure HMG
will make up the difference.
oper.nte.ADM
SLM
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