Hong Kong Regulations

PENSION BENEFITS REGULATIONS - REGULATION 4

Pension factor

Subject to section 21 of the Ordinance, the factor for the computation of
pension on retirement in the circumstances specified in sections 11, 12 and 14
of the Ordinance shall be-

   (a)  in the case of-

        (i)    a Category A officer or Category B officer who is appointed or
               re-appointed to service under the Government on or after 1 July
               1987; or

        (ii)   a Category A officer who is appointed or re-appointed to
               service under the Government before 1 July 1987, and who is an
               officer who has opted, or who is deemed to have opted, under
               section 9 of the Ordinance, 1/675 of his highest pensionable
               emoluments for each month of his pensionable service; and

   (b)  in the case of a Category B officer who is appointed or re-appointed
        to service under the Government before 1 July 1987, and who is an
        officer who has opted, or who is deemed to have opted, under section 9
        of the Ordinance-

        (i)    1/800 of his highest pensionable emoluments for each month of
               his pensionable service before 1 April 1987; and

        (ii)   1/675 of his highest pensionable emoluments for each month of
               his pensionable service after 31 March 1987. (Enacted 1987)