TNAG-1848-FCO40-2623-House-of-Commons-Select-Committee-on-Foreign-Affairs-enquiry-1989 — Page 68

M(89)5

65

(£)

It

was

possible that

HMG

would

introduce

sterling safeguards for

overseas pensioners who were members of

the Majesty's Overseas Civil Service

(HMOCS), in the form of 2 Public

Officers' Agreement Or something

similar.

DECISION

that

The Council ADVISED and the Governor ORDERED

(a)

no

measures

should be

introduced

at

this stage to protect the value of

pensions paid overseas against currency

fluctuations;

(b) further research should be conducted on

possible schemes to safeguard pensions

paid

overseas

fluctuations;

against

extreme

(c) thought should be given as to what sort

of relief, if any, could be given in

individual cases of genuine hardship,

and the Council's advice sought in due

course;