PAUL FIFOOT
0372723755
P. 02/03
payment date 30th June 1997 as this could produce an exodus on or about the 1st July.
AA I raised this possibility in "Negotiating Dricf, Annex I" and it would be as well to clear it with the Revenue in case we are persuaded it is desirable or necessary to include it.
B
COMPARABILITY
In his list of "Bull Points" (your minute to me of 7th April), Mr Fish includes:
"A. The sums of money on offer are very substantial particularly when compared with benefits which may be earned by UK public servants.
5. The benefits also compare very favourably with those offered in other territories - the factors are smaller but the end product is not.
TI
In support of these propositions there is a manuscript note comparing three cases under the PCSPS and the HK pensions law and four tables of compensation figures, two for HK and two for Kenya.
As regards Mr Fish's para 4, this, as I understand it, only goes to pension (i.e not to compensation), and is postulated on HR officers continuing to serve until retiring age. But how relevant is that as an argument in respect of the HMC scheme ? It is inseparable from the proposition that the JD and the BL provide for further service with the
There is nothing SAR when further pension may be earned.
And it is for "on offer" in the scheme about pension. consideration that, so far as HMOCS officers in HK are concerned, such comparison as may be made would be with a deferred pension for officers who retire about 1997, rather than a full pension.
As regards Mr Fish's para 5, I have tried to compare the position of Kenya officers (at 1992 values) with AK officers. It is not easy to do so since the various ages
Also the do not match and the retiring ages are different. HK figures set out the total notional sun, whereas the only sum certain as unconditional compensation for HK officers 1s one [fifth) of that amount. But subject to every sort of caveat as to the comparability of the examples taken, the following do not bear out "very favourably":
HK
Kenya
Admin Staff Grade A at 53
113.008 = £ 22,601
US at 51 = £ 40,038
Admin Staff Grade B at 47
126,521 = £25,304
Dy Com Police at 57
69,115 -£13,825
AS at 45 = £ 66,802
Dy Com Police at 51 = £44,188
2