ANNEX C2
FCO/ODA Scheme
1.
This scheme is essentially the traditional arrangements
minus the right to retire in 1997 with early payment of
pension. (Compensation is a separate issue.) It would thus simply involve a sterling safeguard for pensions at a rate
to be determined but recommended at 16:1. Since the main
aim of the scheme is to keep HMOCS members in Hong Kong, it
is proposed that all service, including service post 1997,
would qualify to be safeguarded.
NFJABA/12