TNAG-2431-FCO40-3533-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 30

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

COMPENSATION

CONFIDENTIAL

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 2002/03: up to £3m 2003/04: up to £3m 2004/05: up to £2m 2005/06: up to £1m

OPTION B: HMOCS PROPOSAL

- Use of full traditional factors

-

100% payable in lump sum to all in 1997

No cap

COST: [£ 75 m]

1997/98:

£70m

£75m

options.1.

SLM

CONFIDENTIAL 12

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