Viewing page 78 of 200

This transcription has been completed. Contact us with corrections.

-1-

ANNUITY PLAN COMPARISONS

The following comparisons are based upon an annual wage of $9,000. After participating in a particular plan for 30 years, the pilot retires at age 60.
[[4 column table]]
| |Eastern|United|ALPA|
|Monthly cost to pilot|$ 34.08|$ 56.25|$ 58.13| 
|Monthly annuity to Pilot|$340.83|$375.00|$250.00|
[[/4 column table]] 

In other words, for each $1.00 deposited by the pilot in a particular plan he will receive an annuity as follows:

[[2 column table]]
|Eastern|$10.00|
|United|6.67|
|ALPA|4.30|
[[/2 column table]]


The following comparisons are based upon a monthly wage of $900. After participating in a particular plan for 20 years, the pilot retires at 50.

[[3 column table]] 
| |Commercial|ALPA|
|Annual cost. (1/2 by pilot and 1/2 his airline)|$1639.06|$1674.00|
|Monthly annuity to Pilot|$150.00*|$66.67|
[[/3 column table]]
*This amount is guaranteed; the value of dividends will probably increase the annuity to $164 monthly.