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DEADLINE TO APPLY FOR HMOCS
8.
Although the arrangements made by HKG and our own
decisions preclude any more HK officers from being eligible
to apply for HMOCS, we have not yet set a deadline for them
actually to apply. We could not do this in practice until
Hong Kong decided which officers were successful in their
applications for transfer to pensionable status. Hong Kong now consider that they will be able to complete the exercise
by January 1993. I therefore recommend that we set 31
January 1993 as the date by which all officers must have submitted their applications for HMOCS membership.
TIME GRANTED TO BUY BACK SERVICE
9. If Ministers agree the above we also need to consider whether any time limit should be set by which officers in this position must have bought back their service for it to count for compensation purposes. The HKG policy is:
Officers switching to pensionable service
after 26 July 1991 have 12 months in which to
buy back service. Pre 26 July 1991 there is no deadline-they may buy back service at any time up to retirement.
10. What we do will not affect the officers' ability to buy
back pensionable service. But we need to be able to
quantify soon the costs of the compensation scheme. However, we also do not want to make it financially so onerous to buy back service that in practice it is not
possible. I therefore recommend that we allow 6 months from
the date that the officer becomes pensionable or 6 months
from 31 January 1993 for officers who transferred before 26
July 1991 to buy back service. (We need to give officers who transferred before 26 July 1991 some time to buy back. They may not have made any moves do do so yet, in the belief
buy.back.HMOCS.mvs
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