1964_PENSION_BENEFITS_ORDINANCE — Page 8

1988 Ed.]

Pension Benefits

[CAP. 99

7

Pension benefits to be charged to general revenue

6. There shall be charged on and paid out of the general revenue all sums of money as may from time to time be granted by way of pension benefits.

Time for payment of pension

shall-

7.

(a)

(b)

Subject to section 26, payment of a pension granted to an officer

in case he is an officer to whom section 11(1)(e), (ƒ) or (ƒ) applies-

(i) where he is a serving officer, be deferred until he attains the age of 55 years; or

(ii) where he is a Scheduled officer who is or was appointed or re-appointed to service under the Government on or after 1 July 1987, be deferred until the day on which he attains the age of 60 years or the age prescribed by a notice under section 10(3) which is applicable to the rank or grade held by him at the time when the pension is or was granted, whichever of those days is the earlier; or

(iii) where he is an officer appointed on or after 1 July 1987, other than a Scheduled officer, be deferred until he attains the age of 60 years,

or in any such case where the Governor so directs, be deferred until such day, being a day which is earlier than would otherwise be the case under this paragraph, as is specified in the direction;

where the pension is granted under a compensation scheme, be made upon the retirement of the officer under section 11(1)(i) as prescribed in the compensation scheme; and

(c) in any other case, be made as soon as possible after the retirement of

the officer.

(Replaced 61 of 1988 s. 2)

Opting for pension benefits

8. (1) Subject to subsection (2), an officer who is eligible for a pension or annual allowance under the Pensions Ordinance (Cap. 89) may opt under and in accordance with the terms of a Circular to be issued under and for the purposes of this section by the Secretary for the Civil Service, that all his service attracting pension or annual allowance under that Ordinance shall be taken into account as pensionable service under this Ordinance.

(2) (a) An option under subsection (1) shall be sent to the Secretary for

the Civil Service.

(b)

(i) Having received from an officer an option under subsection (1), if the Secretary for the Civil Service, having had regard to the cir- cumstances of the particular case, is of opinion that to allow the officer to exercise the option would prejudice the interests of the public service, he may reject the option.

(ii) In case, pursuant to subparagraph (i), the Secretary for the Civil Service rejects an option, he shall, as soon as may be, inform the officer concerned in writing of both the rejection and the reasons therefor.