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We are committed to make contributions to assure a high quality of life for crew members by guaranteeing unpaid wages arising from the bankruptcy of shipowners.As stipulated in the Crew Members Act, this fund is designed to assure the payment of wages and severance pay to crew members in the event they are discharged from their duties without being paid by a bankrupt company.
Last 3 months of wages and retirement pay for the last 3 years.
An amount as stipulated by the Crew Members Wage Claim Guarantee Fund Council.