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pension. The compensation would be based on acuarial calculations.
One payment of 10% of the full compensation that would have been payable in a classic scheme would be paid in 1997 to compensate
for the loss of the Secretary of State's protection. A further nine
annual payments of 10% of compensation would be available for those
who remained in service. The costs thus are:
£ 45 million
Best case scenario
Median case scenario
f 17 million
Worst case scenario
£ 3 million
Compensation/incentive scheme, based on 25% of annual salary
The scheme involves payments based on 25% of the officers' then
salary. Two payments would be made in 1997: one as compensation for the loss of the Secretary of State's protection and one as an incentive to stay on (up to 1997). Thereafter up to nine annual
payments of 25% of their salary would be available to officers who
stayed in the service. The costs thus are:
Best case scenario
£ 72 million
Median case scenario
£ 34 million
Worst case scenario
£
7 million
ВАТАНА