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to 75 per cent of the pilot's primary insurance benefit - $46.59 - or $34.94. The pilot was not wholly insured in the Pilots' System at his death - he was employed for 8 years by an air line - 32 quarters; this is less than half of the quarters from the first quarter of 1948 to the third quarter of 1975 (he is 60 in the fourth quarter of 1975) 111 quarters in all, and less than 40 quarters. Therefore no widow's insurance annuity is payable under the Pilots' System and the $32.54 is the total income for the widow after she is 65.
78. Q. Why are the provisions arranged so that, at 65, the annuity to the Pilot is reduced by all or part of the Social Security benefit whereas the survivor benefits are added on to Social Security ?
A. Except for children 18 to 21, widows having children 18 to 21, and widows between 60 and 65, survivor benefits will be payable at the same time and under the same conditions. The normal situation is therefore for survivor benefits under both systems to coincide in time. On the other hand, the annuities under the Pilots' System will normally begin years - in some cases 25 years before 65. Normally annuity payments will be payable for years while Social Security benefits are not being paid. Therefore, the retirement annuity is based on $12,000 and is intended to overlap the Social Security primary insurance benefit. Survivor annuities are based on $9000 and are to be in addition to social security.
79. Q. I am employed by an air line which has a retirement benefit plan handled by an insurance company. I contribute about 7 1/2 per cent