CONFIDENTIAL
are in the service of the Hong Kong SARG on the date of the
subsequent payment.
Amongst the matters of detail which we wish to discuss with HMOCS officers' representatives are -
5.
(a) Whether the period over which the phasing of payments after the initial one will take place should span the whole
of the officers' remaining career in service of the Hong
Kong SAR Government public service or some lesser period.
It is for consideration whether an officer should receive
his maximum possible entitlement only if he continues in service until normal retirement age or, if a lesser phasing period is decided on, until the end of that period if
earlier.
(b) Whether the first and subsequent payments should accrue
annually in equal proportions or whether there should be some sort of ''loading''. For example, to increase the
benefit to those who are committed to continue in the
service of the SARG, the proportion of the total entitlement
earned in each year could increase to reach a peak in the final year.
6.
In order that HMG should be able to plan with a clear idea of the costs involved, we consider that it would be
necessary to fix as the base for calculating payments, the
salary as at 1 January 1992 of the grade point in which the officer is serving on the relevant payment date, converted into sterling at the average exchange rate for 1991. However the derived base value could be adjusted annually to take account of the movement of the UK retail price index.
7. It is important that there should be no misapprehension
that the arrangements to be made for HMOCS officers will in
anyway affect the duty of those officers to give their full
REGACH/3
CONFIDENTIAL
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