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We
representatives of the officers concerned before Easter.
continue actively to explore different options for addressing HMOCS officers' concerns about the sterling values of their pensions after 1997; we expect to be able to
take decisions about this within three months and will then
open consultations on this subject too. Meanwhile the
Government have decided it would be appropriate to amend the
operation of the rules for calculating the UK Supplementary
Pension for Overseas Service (SPOS) to provide improved
treatment for pensioners affected by exchange rate fluctuations: we shall be discussing the details with the
Overseas Service Pensioners' Association.
NC2AAZ/2
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