HKA 233/1
PS/Mr Goodlad
HMOCS
RESTRICTED
file
3441
FROM: N J Cox
Hong Kong Department
DATE: 21 May 1992
cc: PS/Mr Patten
Sir J Coles
Mr Burns
Mr Kerby, ODA
Mr Ricketts
Mr Fish, ODA
Mr Davies, FED
Mr Fifoot
Mr Wye, RAD
-333`
A
1.
Further to my submission of 20 May, the Chairman of the Hong Kong HMOCS Association has now written with detailed
comments on our draft scheme in the form of a redraft. The Minister of State need not read this but he could tell the Association in Hong Kong next week that we are studying it.
2. The redraft is a serious piece of work. Its contents are not surprising. It naturally includes:
-
- right to retire early with immediate pension;
- calculation of compensation using traditional actuarial factors (ie about 100% more than we propose);
payment of full amount to all officers on 30 June 1997: no requirement to stay in SAR service;
The covering letter reiterates the Association's claim for sterling safeguards for pensions and SPOS adjustment.
REGADX/1
SLM
RESTRICTED
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