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-tant. If each pilot is free to come in or stay out, most of those who will stay out will be the youngest pilots. They can figure on 15 or 20 years ahead--if all goes well (even that is taking a big chance). If some of the youngest stay out, that will make the cost higher for the others--and that higher cost will make some of the youngest of the remainder stay out--and so on in a vicious circle. The only way to have everyone carry his fair share of the load is to have everybody in.

4. A plan based on 12 years successful experience under the Railroad Retirement Act. The A.L.P.A. plan is modelled on the Railroad Retirement Act, with such changes in benefits and contributions as are necessary to make it fit pilots' conditions. The legal and actuarial