TNAG-2426-FCO40-3528-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 69

16 JULY 1992

COMPENSATION : COSTED OPTIONS prepared for Treasury)

.

(cf Paper

Option A

Half factors

No cap

1992

PHASING: initial pymnt|

355 HMOCS

£26,872,949

of 20% then 8 install of 10%

355 HMOCS 90

CONTRACT

£35,405,257

355 HMOCS

120 CONTRACT

£38,249,359

Option B

Full factors No cap

100% lump sum

355 HMOCS

£56,901,948

355 HMOCS

90 CONTRACT

£72,640,065

355 HMOCS

120 CONTRACT

£77,886,104

Option C

Full factors Cap £120,000

PHASING: 5 installmnta of 20% plus 5% int pa

355 HMOCS

£40,349,108

355 HMOCS

90 CONTRACT

£52,139,672

355 HMOCS

120 CONTRACT

£56,069,860

Full factors Cap £120,000

PHASING: initial pymnt of 20% than 5 install of 16% plus 5% pa

355 HMOCS

355 HMOCS

£40,4

1,444,266

90 CONTRACT

£52,466,610

355 HNOCS 120 CONTRACT

£56,474,059

Option E

Half factors No cap

PHASING: 5 installmnts of 20% plus 5% int pa

355 HMOCS

£31,452,434

355 HMOCS

90 CONTRACT

£40,920,191

355 HMOCS

120 CONTRACT

£44,076,111

Half factors No cap

PHASING: initial pymnt of 20% then 5 install of 16% plus 5% pa

355 HMOCS

£31,525,789

355 HMOCS

90 CONTRACT

£41,183,765

356 HMOCS

120 CONTRACT

£44,403,091

SOO 'ON

FINALSH 400

IT:60

26/20/81