Pension calculator & pension benefits formulae

For details of the Old and New Pension Schemes and examples of pension calculation, please read

"A Guide to the Calculation of Pensions under the Old Pension Scheme"

and

"A Guide to the Calculation of Pensions under the New Pension Scheme".

If you wish to find out your pension entitlement, please enter the following personal data:

Pension Scheme (Note 1)	New Pension Scheme Civilian Staff Disciplined Staff Old Pension Scheme
Highest Pensionable Emolument (Monthly) (Note 2)
Date when First Appointed to Civil Service (Note 3)	Please input year in the format of "yyyy" (e.g. 1982)
Date of Retirement (Commencement Date of Pension Payment) (Note 4)	Please input year in the format of "yyyy" (e.g. 1982)
Date of Birth (to be filled by disciplined staff on the New Pension Scheme only)	Please input year in the format of "yyyy" (e.g. 1982)
Prescribed Retirement Age (to be filled by disciplined staff on the New Pension Scheme only) (Note 5)	55 57
Commutation Percentage for Lump-Sum Pension Gratuity (Note 6)	% The maximum commutation percentage is 25% for the Old Pension Scheme and 50% for the New Pension Scheme.

You are entitled to receive:

Lump-Sum Pension Gratuity (Note 7)

Monthly Pension (Note 8)

Short Service Gratuity (Note 9)

Notes:

Officers appointed before 1 June 2000 on terms which attract pension benefits may be granted pension benefits under respective pension schemes upon retirement. If you were appointed or re-appointed (after a break in service) to the Civil Service on or after 1 July 1987 on terms which attract pension benefits, you should be on the New Pension Scheme. Under the New Pension Scheme, "Disciplined staff" refers to staff of disciplined ranks of the following departments, viz. Correctional Services Department, Customs and Excise Department, Fire Services Department, Immigration Department, Hong Kong Police Force and Government Flying Service, and are paid under the Disciplined Services Pay Scales and the Police Pay Scales.
It refers to the highest basic monthly salary of your substantive rank enjoyed or drawn in the course of your public service. It should exclude all allowances (e.g. acting allowance), gratuities and reimbursements.
If you were re-appointed to the Civil Service on terms which attract pension benefits after a break in service, you should enter the date of re-appointment for calculating pension benefits for the period of your re-appointment.
The date when you exhaust all your accrued leave and you are struck off strength from the Civil Service.
Under the New Pension Scheme, in case of disciplined officers who are required to retire on operational grounds at the prescribed ages in accordance with an order made under section 10(3) of the Pension Benefits Ordinance, Cap. 99, their pensionable service shall be deemed to increase at the rates and conditions as specified in the Ordinance. The prescribed retirement ages of directorate ranks of disciplined officers are 55 or 57 ; whilst the prescribed retirement age of all other disciplined officers is 55.
You can opt for commuting part of your annual pension into a lump-sum pension gratuity (see Note 7). You can choose not to commute, in which case 0% should be input. The commutation percentage should be a multiple of 5%. The maximum commutation percentage is 25% for the Old Pension Scheme and 50% for the New Pension Scheme.
Except for deferred pension, lump-sum pension gratuity will be paid at the date of retirement (see Note 4).
Except for deferred pension, monthly pension will be paid at the end of each month after retirement.
If you retire from the civil service before completing the period of qualifying service specified in the pensions legislation, no pension would be payable and only a one-off short service gratuity would be granted. For instance, if you retire from the civil service at normal retirement age (55 for Old Pension Scheme and 60 for New Pension Scheme) and have completed less than 10 years of qualifying service, you will not be eligible for pension but will be eligible for a one-off payment of short service gratuity.

Assumptions:

You have been appointed to an established office on terms which attract pension benefits and that you have been confirmed in an established office at the time of your retirement.
You have not taken any no pay leave and have not served on terms which do not attract pension benefits (e.g. on agreement terms).
You retire on grounds that entitle you for grant of normal pension on the basis of your highest pensionable emolument drawn during the whole period of your service (i.e. calculation not applicable if you retire on grounds that entitle you for the grant of enhanced pension or if you retire on grounds that do not entitle you to pension on the basis of your highest pensionable emolument).
You are on 100% pensionability throughout your service.

Disclaimer:
The above calculations are rough indications for reference only. The actual pension benefits that you may be eligible are subject to the provisions of the pensions legislation, computation by the Director of Accounting Services and verification by the Director of Audit. The designer and manager of this home page take no responsibility for the accuracy of the above calculations.