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Old 13th September 2002 | 03:57
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mikle88
 
Joined: Jul 2002
Posts: 12
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From: RockyM.
Eva terminated contracts for 60 expat pilots after 9/11.
That was brutal, many close to retirement.
Nice way to steal 4,200,000 US$.
EXPL.: For every year of service pilot has 2 salaries in pension fund, but to take money out someone must stay minimum 15 years in company + be 55 years old.
Average stay was 5 years=10 salaries
10 X 7,000 US$ =70,000 $
70,000 X 60=4,200,000 US$
All pilots should remember this.
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