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Pan American World Airways LATIN AMERICAN DIVISION f Remember to “sell” PAA wherever you are and in whatever you may do. Our first job is to help our customers enjoy using PAA. A smile goes a long way in all } our contacts with them. VOL. 8 — No. 8 AUGUST, 1951 51828 Begin Drive on Retirement Plan Participation PAA Shows New Gains In Traffic Korean Airlift Flights Continuing, Trippe Reveals Volume of business handled by PAA during the first five months of 1951 exceeded that of the corresponding period of 1950 in all categories, Juan T. Trippe, President, told the annual meeting of stockholders. Commercial revenues represented a 30 per cent increase over the first five months of 1950, he reported, as did revenue passenger miles of 572,501,000. A 27 per cent increase was recorded in volume of cargo carried. Trippe also reported that the company is continuing to discharge important national defense responsibilities in the Korean Airlift and in Germany. Pan American intends to achieve a long-sought objective by establishing a low-cost tourist-class service across the Atlantic not later than October 1, 1952, he announced. Reporting on details of operations for the first five months, Trippe said that revenue passenger miles increased to 572,501,000 from 438,282,000 and revenue ton miles to 85,143,000 from 67,911,-000. The 519,000 revenue passengers carried represented a 32 per cent increase over the 393,000 carried Continued on Page 6 PAA Is Praised For Quake Aid The Salvadorean Relief Committee in New Orleans has expressed its thanks for PAA’s assistance in helping transport more than 10,004 pounds of clothing and supplies to the Central American republic following the devestating earthquake of May 9. A. E. Pradillo, committee secretary, in a letter to William P. Flower, District Sales Manager in New Orleans, wrote: “The Salvadorean Relief Committee wishes to express its thanks to your company (PAA) for the efficient, splendid and liberal cooperation you gave us to assist the people of El Salvador. “We request that you extend our personal thanks to your Willard Harter, Manager of the Freight Department at Moisant Airport for his help.” CLIPPER Ready In Spanish Form The CLIPPER, beginning with this issue, is being printed in Spanish as well as English, inaugurating a policy which we hope will meet with the approval of our employes throughout Latin America. This will permit our Latin employes on line to read the news of LAD in their native language and should help bring about a closer bond between all workers in the Division. SMILING DESPITE HER ILLNESS, Cathy Vance boards a plane in Miami for the flight to New York to enter a hospital for treatment of leukemia. With her are her parents, Mr. and Mrs. James Vance of Hialeah. Co-workers of Vance, who is a Master Mechanic at COB, raised more than $1,100 to aid Cathy in her fight to live. LADers Rally to Aid of Child Stricken With Blood Disease More than a 1,000 LADers came to the aid of six-year-old Cathy Vance, daughter of Master Mechanic James Vance, when it was discovered early in August that the child was a victim of the dread blood disease, leukemia. LAD employes rallied to Cathy’s aid with cash and blood donations after Miami physicians had given up hope of saving the stricken child’s life. Under the leadership of Ernest Mitchell, Chief Shop Steward in building 121 at COB, where Vance works, and Ernest Ward, Chairman of the Welfare Committee of Local 500 of the Transport Workers Union, a drive was started to raise funds with which to send Cathy to Memorial Hospital in New York for treatment. As a result of their efforts— and the generosity of all LAD departments—more than $1,100 was raised to aid the critically ill child. The Clippers, championship LAD softball team, and the Coblins, Continued on Page 3 Miami-Panama Flights Added Daily tourist-type flights between Miami and Panama are being made available by PAA with addition of a seventh round-trip weekly over the busy route. The new flights operate southbound on Wednesdays and northbound on Thursdays. They mark the third increase in service between Miami and Panama since May V to meet the heavy demand for space on this important segment of PAA’s Latin American network. Under the new schedule, five of the Miami-Panama flights each week are nonstop. The other two stop en route at Camaguey, Cuba, and Kingston, Jamaica. $1,000,000 Is Placed In Fund Yearly by PAA Addition of 2 Per Cent Interest Explained To Campaign Leaders in LAD A month-long campaign to enroll LAD employes in the PAA Cooperative Retirement Income Plan opened in Miami August 13 and will run until September 14. Kickoff meetings, to acquaint drive captains and co-workers with the improvements in the Pension Plan—the principal one being the accumulation of 2 per cent interest, compounded annually, on all employe contributions made after April 1, 1950—were held August 8 at PAF. Captains learned at these meetings that at the present time, Pan American is contributing approximately $1,000,000 a year as its share in the Pension Plan and hopes that, with increased participation by employes, that the PAA contribution will be doubled. John E. J. Clare, Insurance Manager, came to Miami from the New York office to direct the “kickoff” meetings. Also answering questions of the<$>-captains” were Harold E. Abbott,' manager of the New York Office of Parker & Company, Albert Tahmoush, head of the Group Pension Sales Department of the Connecticut General Life Insurance Company, PAA’s underwriters of the Pension Plan, and Harlow F. Stankrauff, Service Section Supervisor in LAD Industrial Relations. Clare explained eligibility requirements for employes to participate in the Pension Plan as follows: That you have at least one year of service with PAA or its system companies; that if you are a male ground service employe that you be at least 25 and less than 65 years of age; if a flight service employe that you be at least 25 and less than 60 years of age; if a female employe that you be at least 25 and less than 60 years of age, and that your earnings from PAA are not less than $900 per year, and if you are stationed downline, that you are a United States citizen on the U. S. dollar payroll. PAA underwriter experts first disclosed to the meetings that for each 1,000 men reaching age 25, 703 will reach 65, or retirement age. With women, the odds are even better, 785 women out of each 1,000 who reach 25 reaching 60. They further pointed out that the average life expectancy for a male annuitant at age 60 is approximately 17 years and at age 65 approximately 14 years; and for a female at age 60, it is approximately 21 years. Clare explained that, on the average, a ground service employe Continued on Page 6 Port-au-Prince Crew Praised By Islanders PAA personnel at Port-au-Prince, Haiti, won high praise for their joint efforts in battling a trash fire which went out of control and destroyed nearly 400 homes in the Vincent City area of the island recently. The call went out for the PAA fire truck when local authorities realized they could not handle the blaze alone. Answering the call for aid were Willard Marquis, Station Manager; Lester Hall, Line Station Foreman; Robert Elwell, Junior Station Manager! Earl Kelsick, Electrician and Henry Eyssallenne, Mechanic’s Helper. Reporting on the fire, the Haiti Sun stated: “A word of praise for these men. They bent their backs and in constant, suffocating smoke, leaping flames and hot charred debris, voluntarily, without refreshments the whole day, fought till late in the night when the fire was subdued. “This display in a section of the Haitian community has certainly cemented Haitian-American relations. Many were heard to say during the fire, ‘Blancs travail toncou nous.’ — The whites work like us.” Your Monthly Income Under Retirement Plan The following table shows how much you would receive under the PAA Retirement Plan each month after retirement at normal retirement age, depending on your earnings and years of participation. In addition to the amounts shown below, you would receive your social security benefits which amount to $72 per month on average annual earnings of $3,000 per year, and $80 per month on earnings over $3,600 per year. Figures above each column indicate years of participation in the PAA Retirement Plan. Annual Average Earnings 40 35 30 25 20 15 10 $ 3,000 $100.00 $ 87.50 $ 75.00 $ 62.50 $ 50.00 ? 37.50 $ 25.00 4,000 166.67 145.83 125.00 104.17 83.33 62.50 41.67 5,000 233.33 204.17 175.00 145.83 116.67 87.50 58.33 6,000 300.00 262.50 225.00 187.50 150.00 112.50 75.00 7,000 366.67 320.83 275.00 229.17 183.33 137.50 91.67 8,000 443.33 379.17 325.00 270.83 216.67 162.50 108.33 9,000 500.00 437.50 375.00 312.50 250.00 187.50 125.00 10,000 566.67 495.83 425.00 354.17 283.33 212.50 141.67 11,000 633.33 554.17 475.00 395.83 316.67 237.50 158.33 12,000 700.00 612.50 525.00 437,50 350.00 262.50 175.00 13,000 766.67 670.83 575.00 479.17 383.33 287.50 191.67 14,000 833.33 729.17 625.00 520.83 416.67 312.50 208.33 15,000 900.00 787.50 675.00 562.50 450.00 337.50 225.00
Object Description
Description
Title | Page 1 |
Object ID | asm0341002821 |
Digital ID | asm03410028210001001 |
Full Text | Pan American World Airways LATIN AMERICAN DIVISION f Remember to “sell” PAA wherever you are and in whatever you may do. Our first job is to help our customers enjoy using PAA. A smile goes a long way in all } our contacts with them. VOL. 8 — No. 8 AUGUST, 1951 51828 Begin Drive on Retirement Plan Participation PAA Shows New Gains In Traffic Korean Airlift Flights Continuing, Trippe Reveals Volume of business handled by PAA during the first five months of 1951 exceeded that of the corresponding period of 1950 in all categories, Juan T. Trippe, President, told the annual meeting of stockholders. Commercial revenues represented a 30 per cent increase over the first five months of 1950, he reported, as did revenue passenger miles of 572,501,000. A 27 per cent increase was recorded in volume of cargo carried. Trippe also reported that the company is continuing to discharge important national defense responsibilities in the Korean Airlift and in Germany. Pan American intends to achieve a long-sought objective by establishing a low-cost tourist-class service across the Atlantic not later than October 1, 1952, he announced. Reporting on details of operations for the first five months, Trippe said that revenue passenger miles increased to 572,501,000 from 438,282,000 and revenue ton miles to 85,143,000 from 67,911,-000. The 519,000 revenue passengers carried represented a 32 per cent increase over the 393,000 carried Continued on Page 6 PAA Is Praised For Quake Aid The Salvadorean Relief Committee in New Orleans has expressed its thanks for PAA’s assistance in helping transport more than 10,004 pounds of clothing and supplies to the Central American republic following the devestating earthquake of May 9. A. E. Pradillo, committee secretary, in a letter to William P. Flower, District Sales Manager in New Orleans, wrote: “The Salvadorean Relief Committee wishes to express its thanks to your company (PAA) for the efficient, splendid and liberal cooperation you gave us to assist the people of El Salvador. “We request that you extend our personal thanks to your Willard Harter, Manager of the Freight Department at Moisant Airport for his help.” CLIPPER Ready In Spanish Form The CLIPPER, beginning with this issue, is being printed in Spanish as well as English, inaugurating a policy which we hope will meet with the approval of our employes throughout Latin America. This will permit our Latin employes on line to read the news of LAD in their native language and should help bring about a closer bond between all workers in the Division. SMILING DESPITE HER ILLNESS, Cathy Vance boards a plane in Miami for the flight to New York to enter a hospital for treatment of leukemia. With her are her parents, Mr. and Mrs. James Vance of Hialeah. Co-workers of Vance, who is a Master Mechanic at COB, raised more than $1,100 to aid Cathy in her fight to live. LADers Rally to Aid of Child Stricken With Blood Disease More than a 1,000 LADers came to the aid of six-year-old Cathy Vance, daughter of Master Mechanic James Vance, when it was discovered early in August that the child was a victim of the dread blood disease, leukemia. LAD employes rallied to Cathy’s aid with cash and blood donations after Miami physicians had given up hope of saving the stricken child’s life. Under the leadership of Ernest Mitchell, Chief Shop Steward in building 121 at COB, where Vance works, and Ernest Ward, Chairman of the Welfare Committee of Local 500 of the Transport Workers Union, a drive was started to raise funds with which to send Cathy to Memorial Hospital in New York for treatment. As a result of their efforts— and the generosity of all LAD departments—more than $1,100 was raised to aid the critically ill child. The Clippers, championship LAD softball team, and the Coblins, Continued on Page 3 Miami-Panama Flights Added Daily tourist-type flights between Miami and Panama are being made available by PAA with addition of a seventh round-trip weekly over the busy route. The new flights operate southbound on Wednesdays and northbound on Thursdays. They mark the third increase in service between Miami and Panama since May V to meet the heavy demand for space on this important segment of PAA’s Latin American network. Under the new schedule, five of the Miami-Panama flights each week are nonstop. The other two stop en route at Camaguey, Cuba, and Kingston, Jamaica. $1,000,000 Is Placed In Fund Yearly by PAA Addition of 2 Per Cent Interest Explained To Campaign Leaders in LAD A month-long campaign to enroll LAD employes in the PAA Cooperative Retirement Income Plan opened in Miami August 13 and will run until September 14. Kickoff meetings, to acquaint drive captains and co-workers with the improvements in the Pension Plan—the principal one being the accumulation of 2 per cent interest, compounded annually, on all employe contributions made after April 1, 1950—were held August 8 at PAF. Captains learned at these meetings that at the present time, Pan American is contributing approximately $1,000,000 a year as its share in the Pension Plan and hopes that, with increased participation by employes, that the PAA contribution will be doubled. John E. J. Clare, Insurance Manager, came to Miami from the New York office to direct the “kickoff” meetings. Also answering questions of the<$>-captains” were Harold E. Abbott,' manager of the New York Office of Parker & Company, Albert Tahmoush, head of the Group Pension Sales Department of the Connecticut General Life Insurance Company, PAA’s underwriters of the Pension Plan, and Harlow F. Stankrauff, Service Section Supervisor in LAD Industrial Relations. Clare explained eligibility requirements for employes to participate in the Pension Plan as follows: That you have at least one year of service with PAA or its system companies; that if you are a male ground service employe that you be at least 25 and less than 65 years of age; if a flight service employe that you be at least 25 and less than 60 years of age; if a female employe that you be at least 25 and less than 60 years of age, and that your earnings from PAA are not less than $900 per year, and if you are stationed downline, that you are a United States citizen on the U. S. dollar payroll. PAA underwriter experts first disclosed to the meetings that for each 1,000 men reaching age 25, 703 will reach 65, or retirement age. With women, the odds are even better, 785 women out of each 1,000 who reach 25 reaching 60. They further pointed out that the average life expectancy for a male annuitant at age 60 is approximately 17 years and at age 65 approximately 14 years; and for a female at age 60, it is approximately 21 years. Clare explained that, on the average, a ground service employe Continued on Page 6 Port-au-Prince Crew Praised By Islanders PAA personnel at Port-au-Prince, Haiti, won high praise for their joint efforts in battling a trash fire which went out of control and destroyed nearly 400 homes in the Vincent City area of the island recently. The call went out for the PAA fire truck when local authorities realized they could not handle the blaze alone. Answering the call for aid were Willard Marquis, Station Manager; Lester Hall, Line Station Foreman; Robert Elwell, Junior Station Manager! Earl Kelsick, Electrician and Henry Eyssallenne, Mechanic’s Helper. Reporting on the fire, the Haiti Sun stated: “A word of praise for these men. They bent their backs and in constant, suffocating smoke, leaping flames and hot charred debris, voluntarily, without refreshments the whole day, fought till late in the night when the fire was subdued. “This display in a section of the Haitian community has certainly cemented Haitian-American relations. Many were heard to say during the fire, ‘Blancs travail toncou nous.’ — The whites work like us.” Your Monthly Income Under Retirement Plan The following table shows how much you would receive under the PAA Retirement Plan each month after retirement at normal retirement age, depending on your earnings and years of participation. In addition to the amounts shown below, you would receive your social security benefits which amount to $72 per month on average annual earnings of $3,000 per year, and $80 per month on earnings over $3,600 per year. Figures above each column indicate years of participation in the PAA Retirement Plan. Annual Average Earnings 40 35 30 25 20 15 10 $ 3,000 $100.00 $ 87.50 $ 75.00 $ 62.50 $ 50.00 ? 37.50 $ 25.00 4,000 166.67 145.83 125.00 104.17 83.33 62.50 41.67 5,000 233.33 204.17 175.00 145.83 116.67 87.50 58.33 6,000 300.00 262.50 225.00 187.50 150.00 112.50 75.00 7,000 366.67 320.83 275.00 229.17 183.33 137.50 91.67 8,000 443.33 379.17 325.00 270.83 216.67 162.50 108.33 9,000 500.00 437.50 375.00 312.50 250.00 187.50 125.00 10,000 566.67 495.83 425.00 354.17 283.33 212.50 141.67 11,000 633.33 554.17 475.00 395.83 316.67 237.50 158.33 12,000 700.00 612.50 525.00 437,50 350.00 262.50 175.00 13,000 766.67 670.83 575.00 479.17 383.33 287.50 191.67 14,000 833.33 729.17 625.00 520.83 416.67 312.50 208.33 15,000 900.00 787.50 675.00 562.50 450.00 337.50 225.00 |
Archive | asm03410028210001001.tif |
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