under the Hong Kong Government's limited compensation scheme.
B. Every entitled officer will have his notional maximum benefit calculated on the basis of his age, years of pensionable service and salary of his 1997 post calculated at 1992 levels as enhanced to reflect the movement in the United Kindom Retail Price Index. The factor to be applied in each case will be determined for officers other than judges in accordance with the Tables set out in the Hong Kong limited compensation scheme for officers who are superceded. The Tables for judges are slightly different and take account of
(WHAT?). The Table for judges whose retirement age is 65 reflects that
later shining age
C. [One fifth] of the notional maximum sum will be paid to entitled officers as soon as possible after 30th June 1997.
D. The remaining balance of the notional maximum sum (increased to take account of increases in the Retail Price Index in the United Kingdom) will be paid in equal annual instalments to officers who remain in the service of the SAR on the date on which the instalments fall due. The number of instalments will depend on an officer's age in 1997 and his normal retiring age. If in 1997 he is within [eight] years of his normal retiring age, he will be eligible to an instalment in each year of his remaining service.
If in 1997
he would have to serve for more than [eight] years until his normal retiring age, he will be eligible for an instalment in each of the following [eight] years.
E.
Officers who remain in the service of the SAR after 1997 and who are subsequently retired through no fault of their own, will receive the remaining balance of the notional maximum sum on their retirement. The remaining balance will also be paid on the death of an officer in the service of the
SAR.
F.
Since this is a United Kingdom Scheme and it is necessary to know now, as far as is possible the extent of the financial commitment involved, the Scheme will be denominated in sterling and salaries will be taken at 1992 levels.
G.
There is no proposal to cap the amounts involved.
Further details of the proposed Scheme are set out in Annex II
H.
MATERIAL FOR REPLYING TO POINTS RAISED BY THE HMOCS ASSOCIATION
A. Failure to give effect to paragraph 17 of the White Paper (Cmnd 1193 or Colonial No. 306:
5.
Cmnd 1193 recognised that the terms of future schemes needed to be settled "in the light of the circumstances prevailing
PJZAYI