<you need to make $10k as an actor here to earn insurance here and almost no one makes it. I can't verify those numbers, but the point is probably accurate.>
It's $13,790 or 74 days of Employment for plan II which isn't as good, and $28,120 for plan I. But, yeah, as you said, the point is very accurate. Trust me, I live it every day. It's just funny to me that they would put that on their website. At least they're honest and realistic, I suppose.
It makes me think of when I went to a Commercial Theatre Production workshop last year, and the lawyer who was explaining contracts and capitalization mentioned how the wording of contracts for theatre investors had changed over the years from, "there is a chance that investment will not be recouped" to " it is likely that investment will not be recouped". At least they're honest about the prospects up front.
Also, here's a link to SAG's child labor handbook for whomever was asking about child labor. It doesn't deal with individual states labor laws, but it should give an idea of what you'd have to do if the kid was SAG.