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annuities, your immediate income is "zero".

Apparently the Braniff and Eastern Plans are better than the other three, since you can get some income sometime. What about the other 3 plans?

By the terms of the United, Pan American and American plans, if a pilot is 45 years old and has had 10 years of service, he has the same option that pilots in Braniff have after 5 years, and Eastern pilot shave after 10 years of service. That is, he can take cash, or deferred annuities. And don't forget, if you work for Chicago and Southern, or Colonial, or Continental, or Delta, or Mid-Continent and National, Northwest, or Capital, or TWA, or Western, plus some more smaller ones, if your ticker isn't working, or, if your eyes are a little off, or, any one of a thousand other things happen, YOU'RE OUT OF LUCK AND NO MAYBE!

But, if I am under one of these 5 pension plans, when can I get an income? You can get some income when you're 50 and not before. If you're busted at 40 and can afford to let your cash lie for 10 years, you can then begin to get an income. If you stay until 45 and can sweat it out 5 years, you begin to get something.

How much will I get at 50 under one of these pension plans? That depends on how long you've served as a pilot with the company with a plan, and how much your pay was.

Well, take my case: I was born on September 12, 1913. I started flying as a co-pilot on February 1, 1938.

From April 1, 1942 to September, 1945, I was in the Army Air Force. In my first year as a co-pilot my pay was $200 per month, in