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NOTES TO ACCOMPANY STERLING SALARY SCHEME,
831
1.—Officers on dollar salaries in Hongkong will be allowed to join the Sterling Scheme on transfer to Straits or Malay
States.
2.--Continued service on Maximum of a class to count practically towards increment in case of promotion to higher class. 3.--Dollar officers acting in a Sterling post will draw half their own pay and half pay of that post in dollars at present rates. 4.-Sterling officers will draw half their own pay and half the Sterling pay of the acting appointment.
5.—Acting officers draw half the initial pay of posts but not so as to suffer loss on that account.
6.-Officers are allowed 6 months after publication, to join the scheme. If they elect to stay on a dollar salary they must abide by such at present rates during the rest of their service in Hongkong, and so far as they are concerned the salaries of all appointments to which they are promoted will continue to be fixed in dollars.
7.—Offiers can join the Sterling scheme at the stage they would have reached if increments had been fixed at the dates of
their respective appointments to their present posts.
8.—An example of the effect on contribution to the Widows and Orphans' Fund is as follows:-
Officers on $1,200 per annum would pay to Widows and Orphans' Fund $48 per annuun.
annum.
At 18 this £1 per
Officers on £180 (equivalent of above at 3:-) would have to pay £7.4.0 per aunuma difference of £3.4s. Others would be affected proportionately. The 4% on Sterling salary would be 4 % of the exact amount of dollars paid as full salary.
9.-Officers on dollar salaries who entered the service before 1st July, 1897, get leave pay at 4- and pension at 38.
Officers who entered thereafter get 3- for both.
10.--The system of rate of exchange for payment of Sterling salaries is not yet fixed by the Secretary of State.
At pre- sent it is the average from 1st July, two years before, to 30th June of the year before. It is suggested that the monthly rate be taken as in the case of Exchange Compensation.
11.-Officers who are allowed the privilege of occupying Government quarters have no personal claim to such quarters nor will they be allowed after their next promotion or on acceptance of Sterling salary to count the value of such quarters for pension purposes. No officer appointed on an original Sterling salary will be allowed to count the value of free quarters for pension purposes.
12.-Officers at present serving under agreements have the option of coming under the Sterling Scheme and will be required
to accept Sterling salarios on re-engagement.
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