PPRuNe Forums - View Single Post - Must see for EK pilots - Income protection issue
Old 6th Jun 2007, 05:17
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BIKKERDENNAH
 
Join Date: Oct 2006
Location: Land of NI
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LIPS

I have been contributing to LIPS for a little while now. And something concerns me.

The scheme has been up and running for well over a year now and the company announces a balance of ONLY one million Dirhams in all that time??

Just basic maths here based on 400 pilots for only one year! 320 by 400 per month by 12 equals 1536000 aed per year so whats happened? unless that was a typo on the EPC website.

Has the investment choice for the funds gone AURY?? last time i checked most markets on a major bull run!! so half a million down in the pot?? What gives?
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