CONFIDENTIAL
Option D:
-as Option C but with minimum number of contract officers benefitting (by maintaining 30 June deadline for applications, or by limiting ability to buy back service for HMOCS calculations).
COST:
£ 37
45 m
Option E:
-use of half traditional factors to calculate total for all serving in 1997
-payments phased as in Option C
-no cap
COST:
probably £ 27 31 m
maximum £ 49 m
(Note: maximum could be reduced as in Alternative D by squeezing contract officers).
Option F:
-As Optiion C but with 20% bonus payable to those who serve until 2000.
COST
: probably £ 32
maximum £ 59 m
-
37 m
i
Option G:
-As Option C but with only 80% of the notional total payable to those who leave in 1997.
COST:
(probably £ 31 39 m
maximum £ 68 m)
NOTE: All above figures are given in 1992 UK prices (we have proposed that the basis of calculation should be the 1992 salary equivalent of the rank in which the officer is serving in 1997, converted into sterling at the 1991 average exchange-rate, upgraded in line with subsequent increases in UK RPI).
CONFIDENTIAL