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Services
The Pensions Division of the Treasury is responsible for payment
of all pensions and retirement gratuities, including civil pensions
payable under the Old Pension Scheme (OPS), the New Pension Scheme
(NPS), the Judicial Officers Scheme (JOS), the dependant pensions
payable under the Widows and Orphans Pension Scheme (WOPS) and the
Surviving Spouses' and Children's Pensions Scheme (SSCPS), Volunteer
and Defence Force Pension Schemes.
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Payment of pension
Pensions are payable monthly in arrears and in Hong Kong dollars.
If payment is required in a currency other than Hong Kong dollars,
the currency will be calculated at the prevailing rate of exchange
inclusive of transfer and other charges. There are three different
key methods available for payment of pensions:
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Local Payment
Autopay is available for payment of pensions to bank accounts
in Hong Kong. Under this payment method, pensions will be paid
to the pensioner's bank account on the last working day of each
month and the pensioner is required to complete and have witnessed
an Annual Declaration of Entitlement to show that he/she is
still entitled to the pension. Pensioner may opt to receive
pension payments in cash in person at designated post office.
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Remittance to Mainland China
Pension can be remitted to the pensioner's bank account or home
address in Mainland China. Under this payment method, the pensioner
is required to complete and have witnessed a claim form not
earlier than the last day of each month or period in respect
of which the pension is claimed. Bank and postage charges will
be deducted from the pension. Normally, it takes about two weeks
for the Treasury to effect payment to the pensioner after receipt
of the claim form from the pensioner.
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Overseas Payment
The pension can be paid to an overseas bank account through
the Crown Agent. Under this payment method, the Agent will charge
a commission per pension payment. The commission will be deducted
from the monthly pension. The pensioner is required to complete
and have witnessed an Annual Declaration of Entitlement to the
Agent to show that he/she is still entitled to the pension.
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As payment of pension
ceases upon the pensioner's death, the family of the deceased
pensioner should inform the Pensions Division of the Treasury
of the death of the pensioner as early as possible. |
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If the deceased pensioner was a contributor/former contributor
of the Widows and Orphans Pension Scheme and the Surviving Spouses'
and Children's Pension Scheme, his/her eligible dependant will
be entitled to the dependant pension benefits.
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Payment of pension
increase
Pension payments are subject to adjustment in accordance with
the Pensions (Increase) Ordinance (Cap 305). If the average
monthly Consumer Price Index (A) of the period of 12 months
beginning on 1 April of the previous year and ending on 31 March
of the succeeding year, exceeds the average monthly Consumer
Price Index (A) of the period of 12 months immediately preceding
that first mentioned period by an amount which when expressed
as a percentage exceeds 0.1%, the Chief Executive shall declare
a percentage of increase equal to the excess expressed as a
percentage. The rates of pension increase for the past eight
years are as follows:
| With effect from |
% increase |
| 1.4.2010 |
0.8% |
| 1.4.2009 |
2.5% |
| 1.4.2008 |
2.5% |
| 1.4.2007 |
1.5% |
| 1.4.2006 |
1.4% |
| 1.4.2005 |
0.5% |
| 1.4.2004 |
0.0% |
| 1.4.2003 |
0.0% |
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Issue of statements
The following major statements will be issued to pensioners
and deferred pensioners:
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Payment advice
Payment advice will be issued to pensioner (a) at the time of
first payment of pension and (b) as and when there is change
of pension payment.
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IR56C
IR56C Return for Pension for the each financial year ended 31
March will be issued, around April, to those who receive pension
payment in the relevant period.
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Statement of Pension Benefit
(Deferred Pension)
This statement will be issued, around July each year, to inform
deferred pensioner of his/her up-to-date entitlement to pension
benefits prior to receipt of actual pension benefits.
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Administer the application
for medical and dental treatment
Try 447 is issued to eligible pensioner and his/her family members
to obtain medical or dental treatment in accordance with CSR
900. Try 447 will be issued and mailed to pensioners on request
by phone (2829 5113, 28295114, 2845 8866), by fax (2519 3222)
or by e-mail (pension@try.gov.hk).
Pensioners may also obtain Try 447 in person from the Pensions
Enquiry Office of the Treasury (Room 107, 1st Floor, Immigration
Tower, 7 Gloucester Road, Wanchai, Hong Kong) during office
hours. |
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