DESKBY 02003OZ
It is for consideraten whether
Hong Kong SAR Government/public service or some lesser
period. We consider that an officer should receive his
maximum possible entitlement only if he continues in
service until normal retirement age or, if a Lesser
phasing period is decided on, until the end of that period
if earlier.
(b) Whether the first and subsequent payments should accrue
annually in equal proportions or whether there should be
some sort of 'Loading''. For example, to increase the
benefit to those who are committed to continue in the
6.
to
service the SARG, the proportion of the total
entitlement earned in each year could increase to reach a
peak in the final year.
In order that HMG should be able to plan with a clear idea
of the costs involved, we consider that it would be necessary to
fix as the base for calculating payments, the salary as at
1 January 1992 of the grade in which the officer is serving on
the relevant payment date, converted into sterling at the average exchange rate for 1991. However the derived base value
Would be adjusted annually to take account of the movement of
the UK retail price index.
7. It is important that there should be no misapprehension that
the arrangements to be made for HMOCS officers will in anyway
affect the duty of those officers to give their full loyalty to
the HKG up to 30 June 1997 and to the government of the Hong
Kong Speicial Administrative Region thereafter.
8.
We should be grateful to receive any written comments
proposal outlined above by 24 April. We then envisage that a
small team of officials should visit Hong Kong in the week
Calor Matc
"OCK No. C037C YFB7