MR. ARTHURO'CONNOR (Donegal, E.)
I beg to ask the Financial Secretary to the War Office whether he hasany objection to state the principle on which the "just equivalent" mentioned in Article 978 XIII. of the Royal Warrant of 10th June 1881, was calculated; and, whether and when any, and, if so, what, limit was placed upon such equivalent by the Lords Commissioners of the Treasury?
The principle adopted has been to give the officer the calculated value of his prospects at the time of retirement under the Warrant or Warrants in force before 1881, subject to a limit of £600 a year, which was the highest amount of retired full pay granted under former Warrants to a Colonel. This principle was decided on with the concurrence of the Lords Commissioners of the Treasury.
§ MR. ARTHUR O'CONNOR
asked whether this limit was made known to the officers who were to retire under the article in question?