Viewing page 118 of 200

This transcription has been completed. Contact us with corrections.

-3-

ALPA pension plan was conceived prior to the passage of this other law.

It is also true that this Army retirement law does state that, so far as it is concerned, the two parallel retirement payments can be made simultaneously, it, quite obviously does not limit other laws to the same reciprocal provisions, and they may, as I am told Social Security does, provide that two Federal or other retirement benefits earned simultaneously may not be paid.

In consideration of the circumstances, I feel, and know you will agree, that that provision in our proposed ALPA plan should be eliminated, and instead there should be included a clause similar to that of HR 2744, which will provide that "no credit earned in whole, or in part, during the period of employment covered by this (ALPA) act shall be excluded because of simultaneous credit for retirement earnings, under any provision of law or otherwise in connection with Federal or civilian service performed other than in the Commercial Air Transport Industry". I hold no pride of authorship in this wording, and it can beyond doubt be improved upon, but we have a precedent, and if we don't include some such clause we might be cutting our own throats. We have no way of knowing today what other benefits we might gain that might be excluded because of this excluding clause we have voluntarily included in our own act. Certainly it is fortunate that this Army law was passed before we presented one of our own which contained such a startling limitation.

Returning to the act under consideration. The various Secretaries are directed to promulgate rules supporting this law with the seven months immediately following it's effective date.

Without knowing the rank in which a man will retire;

Without knowing the rate of pay that will be in effect at the date of the individuals retirement,

And without being in possession of the ground rules to be promulgated by the affected Secretary

it is impossible to compute a definite amount of retirement. However just assume for fun that the person retires as a Major with a total of thirty years, ten of which were earned on active duty and twenty as reserve, and that he earned but the minimum requirement of fifty points per year while on Reserve status, and that the base and longevity pay of the individual was $475.00 per month or $5,700.00 per year, it would work out something like the following example:-