Shed Dog Tosser from the AAPMBF site:
Australian Air Pilots Mutual Benefit Fund
Twelve payments at the rate of 1.5% of the Nominated Capital Benefit per month.
A further 48 payments of 1% of the Nominated Capital Benefit per month.
The full $550,000 would be $8250 a month down to $5500 a month after a year.
At $385,000 (Age 56-58) the payments would be $5775 a month down to $3850 a month after 1 year.
Worst case is $275,000 (62-64) with $4125 for 12 months, and then $2750 a month after 1 year.