Annex B
EXAMPLES OF PAYMENTS PAID UNDER STAFF REDUCTION
PROGRAMME:
OVER 55
Grade, Age and Service
| Annual Pension Payable on Retirement
| Lump Sum Payable on Retirement
|
Principal Officer, Age 57, 30 years | 16,654.17
| 87,736.66 |
AGED 50 < 55
Grade, Age and Service | Annual Pension Payable on Early Retirement
| Lump Sum Payment Paid on Early Retirement
|
Principal Officer, Age 54, 27 years | 14,835.15
| 115,433.78 |
Senior Officer, Age 51, 25 years | 14,252.68
| 117,690,28 |
Basic Grade Officer, Age 52, 25 years | 12,838.23
| 105,977.08 |
UNDER 50
Grade, Age and Service | Annual Pension Preserved Payable From Age 60
| Lump Sum Preserved Payable from Age 60
| Lump Sum Payment Paid at Early Severence
|
Principal Officer, Age 46, 25 years | 13,596.72
| 40,790.17 | 251,963.31
|
Senior Officer, Age 48, 26 years | 13,129.86
| 39,389.58 | 231,199.91
|
Basic Grade Officer, Age 48, 24 years | 11,609.48
| 32,894.60 | 207,028.02
|
Basic Grade Officer, Age 39, 15 years | 9,971.71
| 27,173.29 | 121,047.35
|
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