CONFIDENTIAL
11. 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 set a time limit which does provide officers
Commence Duying enough time to get together the money to pay back their gratuities. 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 to commit to and commerce buying
July 1991 to buy back service. (We need to give officers who
transferred before 26 July 1991 slightly more time in which to buy back.
They may not have made any move do do so yet, in the belief that they have unlimited time in which to do it.)
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DEADLINE FOR TRANSFER TO PENSIONABLE TERMS
12. When HKG permits an officer to transfer to pensionable terms, the officer himself has the choice of transferring either when he is found medically fit or at a date before the expiry of his contract. In practice, since contracts are
normally two and a half years, this means there could be a long time to run before the officer actually becomes pensionable and eligible to become a member of HMOCS.
13.
I recommend that we inform this category that whatever HKG's policy may be, if they want to benefit from any scheme
HMG promulgates, they should transfer to pensionable terms
within six months of the date of the announcement of these
measures. This will give them over three months following their applications for membership of HMOCS see paragraph 9
buy.back.ADM
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