CAB23-58 — Page 244

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APPENDIX.

(A)

POST OFFICE STAFF.

I. Merger Company to offer employment to all persons now

engaged on Beam services.

II. In the event of any such persons declining transfer,

Merger Company to pay a capitalised sum equivalent to estimated cost of payment of compensation allowances on Civil Service terms in respect of any redundancy thus caused.

III. Merger Company to specify in detail terms of service for

transferees: subject to conditions

-

(a) that such terms shall not be less favourable

than existing terms;

(b) that Merger Company guarantees not less than

five years' employment to each transferee, subject to good health and good conduct;

(c) that in the event of the discharge of any

transferee before age 60 otherwise than for misconduct or ill health, compensation shall be payable by the Merger Company on the basis and to the extent prescribed for Civil Servants on abolition of office: compensation in such cases to be calculed on the whole service including pre-transfer service; or alterna- tively, Merger Company compensation terms to be given in respect of post-transfer service, whichever is the more favourable to the transferee;

(d)

that in the event of discharge at or beyond age 60 or for ill health, retiring allowances on the Civil Service scale shall be payable by the Merger Company calculated on total service including pre-transfer service; or alterna- tively, Merger Company retiring allowances in respect of post-transfer service, whichever is the more favourable to the transferee.

(B)

PACIFIC CABLE BOARD STAFF.

I.Merger Company to offer employment to all persons now

employed by Pacific Cable Board.

11. Merger Company to pay to any employee of Pacific Cable

Board who declines transfer such retiring allowances as he would have received if he had been retired for ill health from the employment of the Pacific Cable Board.

III. Merger Company to specify in detail terms of service for

transferees from Pacific Cable Board subject to conditions

(a) that such terms shall not be less favourable

than existing terms;

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