must take account of the individual’s ability to contribute and (for bridging loan shortfalls) the alternative cost; and should normally be a loan - interest free for bridging loan shortfalls and either interest bearing or interest free for mortgage shortfalls. Interest-free loans for house purchase 8.3.8 Where departments and agencies offer interest-free loans for house purchase, these must not exceed twelve months’ salary, and must be offered only where staff: move to areas where housing costs are higher; or are first time purchasers; or have bridging loan and mortgage shortfalls (see paragraph 8.3.7). Repayment period must not exceed 20 and staff must agree to repay the loan on demand when they cease to be civil servants. Where financial hardship arises following redundancy, death or early retirement, departments and agencies may allow staff to repay the loan over the original period and/or waive repayment on outstanding interest-free loans. Grants for house purchase 8.3.9 Departments and agencies may pay grants for house purchase where they would otherwise offer an interest-free loan. The maximum grant must be the value of interest foregone on a loan of up to twelve months’ salary repaid over 20 years; and staff must agree to repay the grant, in whole, or in part, upon demand, when they cease to be a civil servant. 8.4 Compensation for Loss or Damage to Personal Property Where departments and agencies compensate their own staff for loss or damage to 8.4.1 personal property arising in the course of employment, the following conditions must be satisfied: the loss is verifiable; the loss or damage is not covered by insurance or any provision for free replacement; for cash losses only, there was an official need for money to be carried on duty; and there has been no negligence on the part of the officer. 8.5 Concessionary Arrangements for Working in Northern Ireland Where departments and agencies compensate their staff working in Northern Ireland
must take account of the individual’s ability to contribute and (for bridging loan shortfalls) the alternative cost; and should normally be a loan - interest free for bridging loan shortfalls and either interest bearing or interest free for mortgage shortfalls. Interest-free loans for house purchase 8.3.8 Where departments and agencies offer interest-free loans for house purchase, these must not exceed twelve months’ salary, and must be offered only where staff: move to areas where housing costs are higher; or are first time purchasers; or have bridging loan and mortgage shortfalls (see paragraph 8.3.7). Repayment period must not exceed 20 and staff must agree to repay the loan on demand when they cease to be civil servants. Where financial hardship arises following redundancy, death or early retirement, departments and agencies may allow staff to repay the loan over the original period and/or waive repayment on outstanding interest-free loans. Grants for house purchase 8.3.9 Departments and agencies may pay grants for house purchase where they would otherwise offer an interest-free loan. The maximum grant must be the value of interest foregone on a loan of up to twelve months’ salary repaid over 20 years; and staff must agree to repay the grant, in whole, or in part, upon demand, when they cease to be a civil servant. 8.4 Compensation for Loss or Damage to Personal Property 8.4.1 Where departments and agencies compensate their own staff for loss or damage to personal property arising in the course of employment, the following conditions must be satisfied: the loss is verifiable; the loss or damage is not covered by insurance or any provision for free replacement; for cash losses only, there was an official need for money to be carried on duty; and there has been no negligence on the part of the officer. 8.5 Concessionary Arrangements for Working in Northern Ireland Where departments and agencies compensate their staff working in Northern Ireland
CSMC_November_2016.docx