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If that happened you'd have these choices under each plan:
[[4 column table]]
|---| You can take immediate cash of | You can take this annuity per month if you wait 4 yrs. and 9 months. | You will get this indemnity if you wait 14 yrs. and 9 months. |
|---|---|---|---|
| United | $12,188 | $106 | $197 |
| Pan-American | 9,404 | 101  196 |
| American | 7,667 | 72 | 138 |
| Braniff | 6,164 | 77 | 148 |
| Eastern | 5,871 | 94 | 179 |
That $12,000 under the United plan looks pretty big. Looks like I ought to be able to take it and get a decent annuity without waiting at all. 
Well, try and do it. At 45, you could buy a life annuity of about $45 per month. If you wanted to be sure that you, or your family, got at least $12,188, you'd be able to buy about $40 per month. 
It looks as if I don't stand to get much out of these plans unless air line pilots become able to keep on flying a lot longer than they can now. Suppose I not only can't keep flying, but die. Is there anything in these company plans for my family?
If you should die, your beneficiary would get just what you would if you quit on the date of your death and took cash.
In American there is a group life insurance plan which guarantees that the death benefit will be on year's pay, or $1000 more than your contributions, whichever is larger. This makes up for the loss of interest in most cases, so far as the deceased American Airline pilot is concerned. 
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