Hong Kong Regulations

GRANT SCHOOLS PROVIDENT FUND RULES - RULE 9A

DSS school donation

(Past version on 19/05/2000).

(1) For each contribution by a contributor employed in a DSS school, the
school shall pay to the fund a sum referred to in these rules as a DSS school
donation.

(2) A DSS school donation by a DSS school shall be paid to the fund each month
when the contribution by a contributor employed in the DSS school becomes
payable, and shall be an amount equal to the following percentage of the
contributor's salary under his contract of employment-

   (a)  5 per cent, if his continuous contributory service is less than 10
        years;

   (b)  10 per cent, if his continuous contributory service is not less than
        10 years but less than 15 years;

   (c)  15 per cent, if his continuous contributory service is not less than
        15 years.

(3) A DSS school donation paid in respect of a contributor shall be forthwith
credited to his account by the management authority of the relevant DSS school
and by the treasurer. (27 of 2004 s. 70) (L.N. 78 of 2000)