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Old 24th Oct 2014, 12:59
  #59 (permalink)  
BigGeordie
 
Join Date: Apr 2003
Location: UAE
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The end of service benefit is a UAE legal requirement and the provident fund is designed to provide a better return than the legal minimum end of service. That is one reason the choice of funds is so limited and conservative- it doesn't have to perform well, just produce a better return than the legally calculated end of service benefit. I think it almost always does.
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