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after January 1, 1948 he will have had either (i) a number of quarters of coverage, not less than six, at least equal to one-half of the number of quarters, elapsing in the period after 1947, or after the quarter in which he attained the age of twenty-seven, whichever is later, and up to but excluding the quarter in which he will have attained the age of sixty or died, whichever will have occurred (excluding from the elapsed quarters any quarter during any part of which a retirement annuity will have been payable to him); and if the number of such elapsed quarters is an odd number, such number shall be reduced by one; or (ii) forty or more quarters of coverage.

6. The pilot will have been "temporarily insured" if it appears to the satisfaction of the Board that at the time of his death on or after January 1, 1948 he will have had six or more quarters of coverage, in the period consisting of the quarter in which he died and the twelve quarters immediately preceding such quarter. 

7. A pilot's "average monthly remuneration" shall mean the quotient obtained by dividing the sum of the compensation paid to him after 1947 and before the quarter in which he will have died, eliminating from the compensation for any single calendar year the compensation in excess of $9,000, by three times the number of subsequent quarters of coverage and before the quarter in which he will have died, excluding any quarter prior to the quarter in which he attained the age of twenty-seven, during which he was paid less than $250 in compensation, and any quarter during any part of which a retirement annuity will have been payable to him: PROVIDED.