ERMENT HOUSE HONG KONG.
29
PG.01
Comments en HMC's Outline Proposals
IIMOC3 Sterling Compensation Scheme
think this should read
(B)
I
either
22
pre-retirement
on,
i.e.
1997 June
icavc on
"The appointed day would be
for
proceed
those
who
on
that day or for those who etay
Or a date between 30 June 1996 and 29 June 1997,
માઇ for those who wish to proceed on or retire earlier with the approval
Биро
personal
Teave
pre-retirement
of the Governor."!
1 think
you
what
this
means in
might alco cxplain practical terms. Officers may, with the approval of the Gover nor (and S of 3 ?), proceed on pre-retirement leave or retile between 30 June 1990 and 29 June 1997 and, if
they
have
a
leave balance,
leave before
pre-retiremant
011
proceed they may 30 June 1996 provided that
they do not retire until 30 June 1996 or thereafter.
All this needs cross checking with my comments on Ålan Matakanald ́s point. retaling to the "appointed day" for
those who proceed on pre-retirement leave before
1996.
30 June
(D) I belicve that you should say the factors are generally
in
Tine with traditional HмOCG compensation schemes elsewhere dik) Some 15% Or 20% below the higher factors
No.
in the HKG's LCS.
(E)
上
notc
the
about explanation
phased payments.
This
might
be
liable to change
tax (c.g.
and payment
arrangements and points made during consultations).