CONFIDENTIAL
485
076430 MDHIAN 4275
CONFIDENTIAL
FM HONG KONG
TO IMMEDIATE FCO
TELNO 2044
OF 040949Z AUGUST 92
HKA 233/1
INFO ROUTINE PEKING, UKREP JLG HONG KONG
474
TOP COPY Q DIST?
YRTELNO 1145: HMOCS: NUMBERS AND PENSION CALCULATIONS
1. ON PARA 3 OF TUR, WE HAVE ALREADY DEDUCTED 20 ADMINISTRATIVE OFFICERS WHO MAY BE DIRECTED TO RETIRE UNDER THE LIMITED COMPENSATION SCHEME ON REACHING THE AGE OF 57 IN THE FIGURE WE GAVE YOU FOR HMOCS OFFICERS IN POST IN 1997. THEREFORE YOU SHOULD DEDUCT ONLY 160 FROM THE FIGURE OF 533. PLEASE ALSO NOTE THAT THE GROSS FIGURE OF 180 RETIREES UNDER THE LIMITED COMPENSATION AND SPECIAL BRANCH SCHEMES IS ONLY AN ESTIMATE.
2. ONLY ONE OUT OF THE 85 POLICE OFFICERS WILL REACH RETIREMENT AGE BY 1997. HOWEVER, IT IS STILL POSSIBLE THAT SOME OF THESE OFFICERS, WHO MAY NOT BE ABLE TO AFFORD TO BUY BACK PAST SERVICE, WILL NOT TAKE UP ANY SUBSEQUENT OFFER TO TRANSFER TO P AND P.
3. THE 71 APPLICATIONS FOR P AND P FROM NON-POLICE OFFICERS INCLUDE 11 JUDICIAL OFFICERS AND 60 PROFESSIONALS. OUR INITIAL ROUGH ESTIMATE IS THAT ALL 11 JUDICIAL OFFICERS BUT LESS THAN 10 PROFESSIONALS ARE LIKELY TO SUCCEED, MAKING SAY 20 POTENTIAL NEW MEMBERS ALTOGETHER. WE SHOULD BE ABLE TO GIVE A MORE ACCURATE ESTIMATE BY THE END OF THIS MONTH, AND WILL KEEP YOU INFORMED.
4. IN MAKING YOUR CALCULATIONS PLEASE ALSO NOTE THAT THERE ARE STILL 6 OVERSEAS ELIGIBLE P AND P OFFICERS AND 14 OVERSEAS AGREEMENT OFFICERS IN THE PROCESS OF TRANSFERRING TO P AND P WHO HAVE NOT YET APPLIED FOR HMOCS MEMBERSHIP.
5. ON PARA 4 OF TUR, WE HOPE TO BE ABLE TO FORWARD UP-TO-DATE DETAILED PENSION PROJECTIONS FOR CURRENT AND POTENTIAL HMOCS OFFICERS UP TO THE YEAR 2040 TO YOU BY 26 AUGUST 1992.
PATTEN
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