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PREFACE

The Ninth Convention passed a Resolution directing that the Interim Retirement Committee of the Air Line Pilots Association proceed forthwith to formulate a pension law, patterned after the Railroad Retirement Act, for the air line pilots, and to do everything possible to secure its early enactment by Congress.

The Interim Retirement Committee appointed by the Ninth Convention is comprised of Captains Clayton Stiles,UAL; Michael A. Gitt, Colonial Airlines, and A.F. Foster, TWA.

The first act of the ALPA Retirement Committee was to secure the services of an expert pension consultant.  The services of Mr. Murray W. Latimer, one of the country's leading pension authorities, were procured, and he has been working with the Association's Retirement Committee since shortly after the Ninth Convention.

The Ninth Convention resolution directed that when the first draft of this law was completed, it be circulated to ALPA's Board of Directors for a vote.

The first draft of the air line pilots' retirement bill was circulated by Headquarters to the directors on December 9, 1947, for their perusal and a vote. The study of this bill by all the chairmen and councils caused many questions to arise relating to the air line pilots' retirement plan, incorporated in the proposed legislation. In fact, these questions became so numerous that Headquarters on January 28, 1948 asked that a pamphlet

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