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(the number of months of prior and subsequent service taken together) into the sum of the two compensation totals, or $141,062.40. This comes out to $783.68. The annuity credit for each year of service is $1.00 plus 1 per cent of $783.68 or $8.8368. For the total service of 15 years, the total annuity credit would be 15 times $8.8368, or $132.55, the same amount as shown by the other method. 

NOTE: The two methods give the same result in these cases because monthly compensation is $250 or more. Since it is believed that compensation will run over $250 in all, or practically all cases, no illustration is given for compensation under $250. 

The $1. plus 1 per cent is not applicable in such cases. The second method must be used in certain cases involving military service credits, since the first will give military service credits that would usually be too small. See question 37. 

31. Q. I understand that if I am the pilot in the preceding question and am disqualified in June, 1959, I will get $200 per month annuity, although the formula gives me only $132.55. Is that right?

A. Yes. 

32. Q. Then when is the formula used?

A. It would be used to calculate your annuity if the minimum provision did not apply to you. The minimum applies only if you become entitled to an annuity while you have an employment relation to the air transport industry, or if you get an annuity based on 20 or more years of service. For the definition of "employment relation to the air transport industry", see question 5. 

33. Q. O.K. Is this it? I am the person in question 30. Suppose instead of being disqualified at the end of June, 1959, I decide to quit flying and take a job in some other industry. I retire from that job when I am 62. Do I get $132.55 at that time from the pilot's system?

A, Yes. You get what the formula produces because you will not have an employment relation or 20 years' service. 

34. Q. I am the person in question 33. Suppose the job that I take in 1959, when I will be 45, folds up by the time I am 50. What would my annuity be if I retire then?

A. if you retired at 50, your annuity would be $44.18. If the job lasted until you were 55 you would get $88.37. (See questions 8 and 9). 

35. Q. Suppose I miss a month every now and then because I want to take some time off. Does that reduce my annuity?   

A. Yes, if the formula applies. If the minimum applies, you still get $200. 

36. Q. Air line pilots, along with other individuals employed by the air line companies, are supposed to be entitled to insurance benefits under the Social Security Act. Are the annuities under the air line pilots' retirement system to be paid in addition to the insurance benefits to which an air line pilot may become entitled under the Social Security Act?

A. Yes. When you are 65 you can get both.