maximum phasing period, eg an officer due to retire on 31 December 2000 should receive 10% of the notional maximum
on or soon after 30 June 1997, 30% on 30 June 1998, 30% on 30 June 1999, and 30% on 30 June 2000 (with payments again uprated in line with the UK RPI). Similarly an officer due
to retire in December 2002 would receive 10% and 5
instalments of 18%. In the case of an officer who is
obliged to retire early for medical reasons or because of
the abolition of his office, we consider that he should
receive on retirement the balance of the notional maximum
sum payable if he had chosen and been able to serve until the end of his normal phasing period. Similarly if a serving officer dies before the end of his phasing period, we believe that his dependants or personal representatives
should receive the balance of the notional maximum. (No
cap?)---
- Let me stress that these figures and examples are indicative, rather than a tightly worded or definite
proposal. In the light of our discussions I hope that we shall be able to table a definite proposal in the next day
or two.
1960's £12,000 Just param molant
£1039/£2000
-
May I now invite your comments.
NJCABT/4
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