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Old 28th Apr 2011, 12:16
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loc22550
 
Join Date: Jun 2005
Location: middleast
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If i remember well..ERP ""protects"" only 30% of your basic salary AND up to a max of 15% devaluation...(or vice&versa for the figure..).The reference exchange rate used everymonth for the calculation of the ERP is the exchange rate for the same period 5 years ago.So to make it short..its peanuts compared to the loss we made.
Last edited by loc22550; 29th Apr 2011 at 03:43.
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