TNAG-2424-FCO40-3526-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 192

aefl.sk/sb/6.19.5

HM Treasury

HKA 233/1

Peter Ricketts Esq

HKD

FCO

Dear Petr

HK HMOCS

CONFIDENTIAL

47 MON

in 22/5,

Wess Mitlicin,

ડ

Сва 012.

псва

Parliament Street London SWIP 3AG Telephone 071-270

M

m

But rict

very unholphil. But

верое

-2기~

capulls of being ignored. We have Incrjed Mr Goodlads 21 May 1992 speaki, Note

Nide to purely

listening

(315)

made.

332

N322/5-

343

Thank you for your letters of 13 and 19 May. The reactions of the HMOCS Association to the proposals for compensation/incentives were predictable, I think at that stage in the consultation

process, and they do not alter our agreed view compensation/incentive scheme on offer is

adequate.

that

appropriate

the

and

I was interested to learn of the HKG's decision to extend the

deadline for opting between new and old pension schemes by six

months to 31 December 1992. You say that you are considering whether to extend the deadline for contract officers opting for

pensionable terms and HMOCS membership. We shall be interested to

know what you propose. But it is not immediately obvious why we

should extend this deadline.

We are advising the Chief Secretary on the issues which Mr Hurd's

minute raises. They are, as you will appreciate, quite complex and have a considerable history. We are well aware of the Foreign

Secretary's wish to

see an early decision but, realistically, I

have to say that it seems likely to be at least a week or SO before the Chief Secretary will be able to respond, not least because he is at the moment very preoccupied indeed with public expenditure matters.

In view of this I think you should assume that Mr Goodlad should not raise the subject of a sterling safeguard during his visit. We see no attractions in your proposal that he should offer to conclude our internal consideration of the safeguard question and

CONFIDENTIAL

Switchboard 071-270 3000

Fax 071-270 5653

Telex 9413704