RE: [OT] HCI

["Hawes,Timothy Edward \(GEG\)" <haweste@xxxxxxxxxxxxxxx>]

Ho Yin,

Some terms from a typical scheme are shown below. I *assume* the scheme
provider (not your company) picks up any residual costs.

HTH,

Tim.

--
Quoting:

EARLY TERMINATION OF THE PC LOAN PERIOD  Back to top

Can I stop this benefit before the end of the 3 year period?

This is a 3 year benefit and we are unable to reverse the salary
reduction even if you return the PC to Nationwide before the end of the
loan period. You must therefore be certain that you are able to afford
the salary reduction for the whole of the loan period before agreeing to
join the scheme.


What happens if I retire?

On your retirement, the loan will terminate and you can either return
the PC or pay the market value, if you wish to keep it.


What happens when I leave the Society?

You may either return the PC to us or pay the market value for the PC at
the date of your leaving.


> -----Original Message-----
> From: Ho Yin Ng
>
> Does anyones company do HCI?
>
> Home computer initiative.
>
> Apparently my company are balking at it ... saying what
> happens if I leave before the 3 years payments are complete?
>
> :-(
>
> Sigh .. I think it will be a long time before the board of
> directors come to a decision on this ....
>
> Anyone have any experiences?
>
> Ho yin