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Mr. Dan Gerald
Rt. I, Box 435
Irving, Texas

February 5, 1948

Dear Mr. Gerald:

This will acknowledge your letter of January 25, 1948, asking some questions about the Air Line Pilots Retirement Plan. The answers to your questions are as follows:

(1) If you fly as a co-pilot (and if you flew as a Captain the answer would be the same) until September 15, 1952, and then failed to pass your physical examination, and thereupon had ceased to be a pilot, you would be entitled to a retirement pay of $200 a month. This assumes that at that time there will have been 120 months in which you have actually rendered service as a pilot or received remuneration for time lost. If you took a leave of absence for example, for six months, any complete calendar months in which you were out of service would not count. Further, the $200 would not be paid you if you were working for an airline, in any capacity. And, of course, there would be periodical check-ups of your physical condition. If you recovered so that you can go back to work as a pilot, the $200 payment would cease. But as long as you are not permitted to work as an air line pilot and did not have a job on an air line, the $200 a month would be yours, upon proper application. 

(2) The $200 a month would start as soon as you were disqualified and off the payroll, if you made application for the annuity within 60 days after you were eligible. The annuity cannot begin more than 60 days before the individual entitled to it files his application for it. But if you didi not get the $200, it would be because you did not apply, not because the annuity would not be yours upon applying for it. 

(3) The only thing you can't do as long as you are disqualified for flying is work for an air line. Otherwise, you can do manual labor on your farm, or any other kind of work anywhere you can find it. 

(4) You will be 47 years old on September 12, 1962. If you fly continuously and you've lost no time in the last 10 years, and don't lose any in the future, that would give you 20 years and one month of service. On that basis, you would still get