CONFIDENTIAL
effects of this new proposal on the various examples given in Appendices I and II.
7.
Such an arrangement would not guarantee the purchasing power
of the overall pension but would at least reduce the illogicality
of the current arrangements and, when considered alongside the
sterling safeguard of 16:1,
should go a long way towards providing HMOCS officers (past and present) with the assurance they are seeking.
3