TNAG-2429-FCO40-3531-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1993 — Page 191

i

1

aefl.rw/docs/6.5.11

The

work.

paragraph 2: delete the words in the first sentence up to "commute at retirement" and replace with "That all officers"

I think it best if we strive for a non-partisan paper.

justifications for the various trigger points need a bit of

The "historic rate" for 16:1 needs explanation; the

justification for 22:1 should read "would cut out average salary

differential" and for 30:1 "would cut out pensions as well as

salary differental" (GAD are advising on the accuracy of the 30:1 figure). These justifications should then be read-across to the triggers under option C (where you need to say how you arrive at a 33% trigger).

The paper needs to be a lot clearer about the actual and

contingent costs of each

drafting comments below.

Specific

Option A:

Option B

option. I address this point in the

in advantage (b), preface with "All costs contingent:";

in advantage (e) delete "principle";

in disadvantage (a), insert "immediate" before "benefit"

and delete "the majority of";

"Existing pensioners

insert a new disadvantage at (b):

who retired at a stronger HK $ rate would suffer

relatively bigger losses before their pensions were safeguarded compared to those retiring at a later date"; delete after "differentials" in disadvantage (d) and replace with "which are greater for Admin. Officers and Judges than for Police."

insert "UK" in headline before "Comparator";