Originally Posted by Desdihold (Post 10105392)

The funds are held in USD but you can nominate which currency you want the payout to be at that days exchange rate ( this related to a transfer directly to your bank account)

As as example, if you want to be paid in euros then you will have the equivalent of your USD account transferred in euros.

As always confirm the above, the folks at mondal are helpful in such matters.

Originally Posted by BANANASBANANAS (Post 10105307)

Good question and I don't know the answer.

In my naivety, I thought that as the Prov Fund was denominated in $ and I had arranged a $ account to accept the funds then the $ value of the Prov Fund at closure would be transferred in full, in $, to my offshore $ account without ever passing through a AED account.

Or is that too sensible?

Originally Posted by desertcamel (Post 10105063)

PAYROLL dept. will be the only one holding you back. They need to calculate every Fils you may owe them, before they calculate your end of service benefits. And only after that, they start on the Visa Cancellation process.(UAE and all US VISA issued under Emirates request).

EOS staff are very helpful in guiding you through the Leaving Process.

You are Lucky if you get your Passport and Provident Fund Cheque exactly at your LDS (last day of Service). Normally, a delay on Visa cancellation takes an extra 2 days. The company provides the pilot 2 nights FREE hotel Accomodation at the Holiday Inn express besides EGHQ after the LDS.

About the Repat Ticket, you can always rebooked it later as you like. but you need to exit the UAE 30 day after your Visa is cancelled.

With your LDS set and you have made up your mind how to claim your PROVIDENT. If by cash, I suggest you visit the NBD branch at the Mezzanine and set a date to Encash your cheque specially with a big amount, if over a million dirhams. They might not have enough CASH in one day, specially if there are 2 pilots encashing at the same time.

Originally Posted by desertcamel (Post 10105063)

PAYROLL dept. will be the only one holding you back. They need to calculate every Fils you may owe them, before they calculate your end of service benefits. And only after that, they start on the Visa Cancellation process.(UAE and all US VISA issued under Emirates request).

EOS staff are very helpful in guiding you through the Leaving Process.

You are Lucky if you get your Passport and Provident Fund Cheque exactly at your LDS (last day of Service). Normally, a delay on Visa cancellation takes an extra 2 days. The company provides the pilot 2 nights FREE hotel Accomodation at the Holiday Inn express besides EGHQ after the LDS.

About the Repat Ticket, you can always rebooked it later as you like. but you need to exit the UAE 30 day after your Visa is cancelled.

With your LDS set and you have made up your mind how to claim your PROVIDENT. If by cash, I suggest you visit the NBD branch at the Mezzanine and set a date to Encash your cheque specially with a big amount, if over a million dirhams. They might not have enough CASH in one day, specially if there are 2 pilots encashing at the same time.

Originally Posted by Joker11 (Post 10106809)

Yeah met with a mate of mine yesterday who resigned. Payroll had done him over properly!

Originally Posted by pumpkin (Post 10107235)

Care to elaborate?

Originally Posted by Joker11 (Post 10107433)

He resigned before the end if the month so they deducted as much as they could. 10 years sevice and no flight benefits will be honoured etc. But they asked him if he wants to keep his lanyard. (He is ground staff by the way.) He is just happy he is leaving. Bright smile. Tanned. Looking forward to spending time with the family.

Originally Posted by pumpkin (Post 10111940)

Sh@t that sucks! Was he within 10 years of his normal retirement age? Because they should have honored it - I didn’t think which part of the mont matters for resignation but rather being within 10 years of NRA(?)

Originally Posted by mmmbop (Post 10112220)

Who is really surprised?

A former #1 seniority number (RIP) lost all his CAPT benefits when he decided to work as an SFI after retirement. That's after pretty much being one of the first pilots employed by EK.

Anybody who thinks EK gives a sh1t about anyone is circling Pluto.

Originally Posted by g109 (Post 10112371)

A question. Is it possible to keep your UAE bank account open after resigning and having left dubai, or do you have to close evething down?

Cheers

Originally Posted by pumpkin (Post 10112846)

On another note- has anyone EVER successfully used their leftover SRCS In the two years post retirement? I have yet to hear of anyone successfully pulling it off. And i wonder about getting on with such low seniority of retirees. Trying to decide if staying the extra 8 months for the tickets is worth it.