TNAG-2431-FCO40-3533-Hong-Kong-Her-Majesty-s-Overseas-Civil-Service-(HMOCS)-poli-1992 — Page 80

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:

1998/99:

up to £10m

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