options.1.HMOCS
MVS
CONFIDENTIAL
B.
COMPENSATION
Option A (original 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 £2m
Option B: (HMOCS proposal)
-use of traditional factors
-100% payable in lump sum to all in 1997
-no cap
COST: [£ 75 m]
1997/98:
CONFIDENTIAL
£70m £75m
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