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Old 19th Jan 2018, 11:20
  #95 (permalink)  
Desdihold
 
Join Date: Jun 2013
Location: SA
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The A fund is the majority of the provident Fund

Harry,

Lets fully develop the A fund situation.

The A fund is one portion of the provident fund and comes from company contributions, the B fund is a mandatory contribution from the pilot and the C fund is an additional ( and optional ) contribution from the pilot.

The A fund will make up the majority of the combined provident fund if just the A and B portions are funded over the years with EK.
The C a/c can be significant depending on how much the pilots elects to contribute however is is generally a much smaller amount then the A a/c.
Both the B and C funds are funded solely by the pilot, the A fund is funded solely by the company.

Should the company elect to withhold the A fund then the pilot will forgo the majority of the combined funds in the provident fund.

true, I have not heard of a situation where the company has withheld the A fund but you just never know what the future holds at the this place.

Your prior posts on the A fund imply that it is just a small portion of the provident fund, your opinion is incorrect.

Harry you are indeed a cod,

Desdi
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