PPRuNe Forums - View Single Post - Provident fund and sustainability of life as an FO in the ME3 with kids
Old 28th Mar 2021, 18:09
  #5 (permalink)  
Un_Limited
 
Join Date: Jul 2011
Location: Advance Planet System
Posts: 19
Mate, EK will contribute 12% of BASIC salary eligible to take the full amount 5 years into service. I was close to 8 years. If you are dismissed for any reason except redundancy you are only eligible for your contribution which amounts to 5% and it is an easy thing to happen. 2 kids is fine as long as your spouse works and you live below your means. 3 kids it will stretch the limits of your budget as everything is supper expensive. If you cook at home, don’t have a maid, have a cheap car and no expensive hobbies and no vacations to fancy destinations you will be ok with no extra. And If I were you I wouldn’t plan for a trip down the Me anytime soon. 1500 pilots were made redundant and others are with UL, recruitment teams are also let go so I guess they don’t expect any recruitment fairly soon and a lot of the redundant pilots including my self would gladly accept their old job back.

Last edited by Un_Limited; 28th Mar 2021 at 18:22.
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