5432-1906-Ordinance-passed-and-assented-to--Widows-and-Orphans-Pension-Fund-Amendment--No-17-of-1906 — Page 7

Government Gazette 政府憲報 轅門報 All

1960

THE HONGKONG GOVERNMENT GAZETTE, NOV. 2, 1906.

APPLICATION OF RULE I. (a).

Accumulation of contributions paid during bachelor-

hood:-

Contributions from 1st April to 31st

One year's Interest at

December, 1884,

Contributions during 1885,

$ 15.00 20.00

6 per

eent.

on $15,

.90

Contributions during 1886,

One year's Interest at 6 per cent.

ou $35.90,

Contributions during 1887,

One year's Interest at 6 per cent.

on $58.05.

$ 35.90 20.00

**

2.15

19

58.05

30.00

3.48

""

91.53

Contributions from 1st Januarý to 30th

June, 1888,

15.00

Half-year's Interest at 6 per cent.

on $91,53,

2.75

$ 109.28

346

Wife* 20

Total accumulation.............

Quantity found from Table A — Husband* 39

$109.28 × .346=$37.81=registered pension in considera- tion of contributions paid during bachelorhood.

APPLICATION OF RULE I. (b).

Annual contribution current at the date of marriage $30.

Quantity found from Table B, Section for Officers aged 61 next birthday at completion of period of coutributions :--

Husband* 80) Wife*

20 )

4.29

$30 × 4.29-$128.70=registered pension in considera- tion of annual contribution current at marriage.

TOTAL REGISTERED PENSION to be recorded on the bachelor contributor marrying :-

By Rule 1. (a),

By Rule 1. (b),

Total....

37.81

128.70

* 166.51

(c) Variations of pension consequent on increments to, and decrements from, the current annual contri- bution while the contributor is married to his first wife.

NOTE. The cessation of the contribution from any canse before the completion of the full period of contribution must be regarded as a decrement from the current annual contribution equal to the amount of such current annual contribution. RULE 1. (c).—Turn to the section of Table B which contains in the heading the age of the husband at the date of completion of his period of contribution; and multiply the amount of the increment to, or the decrement from, the current annual contribution by the quantity found from that section corresponding to the respective ages next birthday of the husband and wife at the date of the variation of the contri- bution.

The product gives the amount to be added to the registered pension cousequent on the increment to the current annual contribution, or, as the case may be, the amount to be deducted from the registered pension consequent on the decrement from the current annual contribution. EXAMPLE of the application of Rule I. (e),

* NOTE.- Where the ages are not given in the Tables, proceed as illustrated in the general examples given in Section F.

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