HONG KONG HMOCS OPTIONS: Compensation
everyone goes in 1997
serving officers 678 (478)
1/1/92 salaries (Hong Kong salary review April 1991) 1991 avg exch rate:
retire age 55
13.7609
No RPI
half
CAP £120,000
full
factors
Estimated costs in UK£ millions
39
27
CAP £200,000
full
half
full
No CAP
half
***
factors
factors
factors
27
factors
factors
27
4% RPI on salaries and CAP up to 1997
CAP
full
£151.838
half
factors
Estimated costs in UK£ millions
49
factors
34
CAP
full
factors
56
£253,064
half
full
factors
34
factors
No CAP
half
factors
57
34
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