I have been watching these threads for 10 years and still haven't figured out how much the provident fund actually is for each rank so if anyone could clarify how that works I would appreciate IT. How much every month and how long to qualify etc. I gather an FO salary of around £6k but what is a Captain getting?
I'm currently a Captain in the UK getting around £6k into my account and £3.3k into my pension every month. Could go into training in a year or so but their lifestyle isn't great in my company so weighing up a ME move for 5 or 10 years once this impending recession is over in a couple of years. All the best. W