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FEAR: PENSION x EXPECTATIONS

Posted: 13 May 2019, 07:20
by UnitedCandidates
Good morning to all!

I was thinking about my applications - more precisely the motivation factor - for the UN System.

Being a man with 34 years old, with a wife, a 7 months baby and plans for another baby in the next 2 years, I wonder how "safe" the P2/P3/P4 jobs are in terms of pension. Let's suppose I manage to stay in the UN System from my 35 years until I'm 45, 50 years old. In the best scenario, I would have worked about 15 years for the UN.

Assuming that - by any reason - my contract is terminated, how does the pension scheme works?? I'll receive something? For how long? How much approx.?

I'm kind of afraid of that because being outside the UN, losing a relative stable job, being re-launched in the market with 50 years old, with a family to raise, care and protect will be a very hard issue. Then I would need a good money until I find other job - If it happens to be selected by any process.

Not to mention that, in my present job, I have a great stability (like, I only lose my job if I kill somebody, for instance) and I'll retire when i'm 50 years old, with my full salary until the day I die (something like 4,5k Euros a month).

Why do I wanna quit? I need a better quality of life, in a country that I could raise my kids with a better education or raise money to give them excellent opportunities in the future.

Could anyone share your feelings / point of view on this?

Re: FEAR: PENSION x EXPECTATIONS

Posted: 13 May 2019, 10:48
by NevKen
UnitedCandidates wrote:
13 May 2019, 07:20
Good morning to all!

I was thinking about my applications - more precisely the motivation factor - for the UN System.

Being a man with 34 years old, with a wife, a 7 months baby and plans for another baby in the next 2 years, I wonder how "safe" the P2/P3/P4 jobs are in terms of pension. Let's suppose I manage to stay in the UN System from my 35 years until I'm 45, 50 years old. In the best scenario, I would have worked about 15 years for the UN.

Assuming that - by any reason - my contract is terminated, how does the pension scheme works?? I'll receive something? For how long? How much approx.?

I'm kind of afraid of that because being outside the UN, losing a relative stable job, being re-launched in the market with 50 years old, with a family to raise, care and protect will be a very hard issue. Then I would need a good money until I find other job - If it happens to be selected by any process.

Not to mention that, in my present job, I have a great stability (like, I only lose my job if I kill somebody, for instance) and I'll retire when i'm 50 years old, with my full salary until the day I die (something like 4,5k Euros a month).

Why do I wanna quit? I need a better quality of life, in a country that I could raise my kids with a better education or raise money to give them excellent opportunities in the future.

Could anyone share your feelings / point of view on this?
You sound too insecure even when you have a reasonable earning, a good family etc. So what is restricting your happiness and progress ? Seems to me you are not satisfied with what you have and you are mentally draining yourself of what you do not have. You can always invest the same time in furthering your credentials with AI stuff, it's a straight raise !

Re: FEAR: PENSION x EXPECTATIONS

Posted: 13 May 2019, 17:05
by UnitedCandidates
You got a part of it well. The reason to not follow an IT area, for instance,is that I love what I do! Humanitarian affairs, emergency Preparedness, Disaster Response, and so on. I'd just like to take it to an international level with a high raise included plus a relative security in the future...that's my question all about...pension..

I'm working on my credentials...although I do not know what a good credential is for the UN...got an MBA in project management + MSc and I'm a PhD Candidate...with 12 years of field and managerial experience...rough competition!

Re: FEAR: PENSION x EXPECTATIONS

Posted: 13 May 2019, 18:48
by NevKen
UnitedCandidates wrote:
13 May 2019, 17:05
You got a part of it well. The reason to not follow an IT area, for instance,is that I love what I do! Humanitarian affairs, emergency Preparedness, Disaster Response, and so on. I'd just like to take it to an international level with a high raise included plus a relative security in the future...that's my question all about...pension..

I'm working on my credentials...although I do not know what a good credential is for the UN...got an MBA in project management + MSc and I'm a PhD Candidate...with 12 years of field and managerial experience...rough competition!
You have great credentials, educations, experiences, expertise with an undeterred motivation in your field - to contribute at your best that directly or indirectly impact the mass. That's a nice thing !

But is your message well taken or somehow whatever you are communicating make the recipient feel insecure (if I let Jordan Peterson in into this dialog, I will be signing off even before I can answer you). Be wise !

You are young, with a passion to your filed, If I put myself in your shoes, I would just get into the UN before I evaluate long term security pension etc.

As far as pension is concerned (a real long term planning, security and internationalization), first thing to consider is that, that the P level Agreements/Contracts are for initial period of 3 years at max always with a note in a VA (subject to funding and etc). However a continuous employment itself allows you variety of pension options (simply because you would have a bit better buying power and chance to invest the way suits you best)

This need your attention, because if you are talking stability, security and at least 15 years at the UN, you have to do a deep research just to identify the opportunities (programs) that have strong backing (stakeholder) and are not going to disappear in few years - it's a must before you even express your intent (this will provide you with a little peace of mind - while you are working). The rest will follow, the more you stare into the future, the future will change...