COMPENSATION

CONFIDENTIAL

OPTION A: ORIGIONAL PROPOSAL

-use of half traditional factors to calculate notional total

-20% payable to all HMOCS officers serving in 1997

-additional 10% payable for each extra year's service under SARG up to 2005

-no cap

COST: [up to £ 37 m)

1997/98: up to £10m

1998/99: up to £5m

1999/2000: up to £5m

2000/01: up to £4m

2001/02: up to £4m (Guesstimates}

2002/03: up to £3m

2003/04: up to £3m

2004/05: up to £2m

2005/06: up to £1m

OPTION B: HMOCS PROPOSAL

-use of traditional factors

-100% payable in lump sum to all in 1997

-no cap

COST: [£ 75 m]

1997/98:

£70m

-

£75m

options.1.HMOCS

mvs

CONFIDENTIAL 10

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