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for a compensation scheme and look forward to opening consultations about this with representatives of the officers concerned before Easter. We continue actively to explore different options for addressing HMOCS officers' concerns about the sterling values of their pensions after
1997; we expect to be able to take decisions about this within three months and will then open consultations on this subject too. Meanwhile the Government have decided to amend the operation of the rules for calculating the UK Supplementary Pension for Overseas Service (SPOS) to provide
pensioners improved treatment for officers affected by exchange rate fluctuations: we shall be discussing the details with the
Overseas Service Pensioners' Association.
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