TNAG-2428-FCO40-3530-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 202

options.1.HMOCS

MVS

CONFIDENTIAL

B.

COMPENSATION

Option A (original proposal)

-use of half traditional factors to calculate notional total

-20% payable to all HMOCS officers serving in 1997

-additional 10% payable for each extra year's service under SARG up to 2005

-no cap

COST:

[up to

£ 37 m]

1997/98:

up to £10m

1998/99:

up to £5m

1999/2000:

up to £5m

2000/01:

up to £4m

2001/02:

up to £4m

{Guesstimates}

2002/03:

up to £3m

2003/04:

up to £3m

2004/05:

up to £2m

2005/06:

up to £2m

Option B: (HMOCS proposal)

-use of traditional factors

-100% payable in lump sum to all in 1997

-no cap

COST: [£ 75 m]

1997/98:

CONFIDENTIAL

£70m £75m

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