# LCMS Convention Proceedings_St. Louis Missouri_1947_S604
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

604 FINANCIAL MATTERS

months, besides having a number of special meetings, The amount
of business to be transacted, however, has increased to such an
extent that the local board has found it necessary to arrange for
monthly meetings in the future.

Support Statistics

Persons Supported

Old Age
Beneficiaries
Applications

Disbursed
Death
Benefits
Total

Workers
Wives
Widows
Children
Total

2321167 |506/295|1,2531| 259] 7391$358,492.122 $_7,275.00|$365,767.12
-|221)157|506|257/1,2038) 312) 750] 401,251.014 11,650.00] 412,901.01
210]151]502|231/1,1555| 356| 741] 412,334.936 6,425.00] 418,759.83

1. Not including 234 Old Age Beneficiaries (191 retired workers and 43
widows) and 147 wives receiving no “support.”

2. Includes the $106,962.89 Old Age Benefits and gives effect to $14,846.03 of
offsetting pension credits. (33 Death Benefits: $7,275.00.)

3. Not including 288 Old Age Beneficiaries (22 retired workers and 60
widows) and 179 wives receiving no “support.”

4, Includes the $144,316.53 Old Age Benefits plus $1,186.78 Annuities earned
by additional payments and gives effect to $20,350.06 of offsetting pension credits.
(51 Death Benefits: $11,650.00.)

5. Not includi: 326 Old Age Beneficiaries (255 retired workers and 71
widows) and 204 wives receiving no “support.”

6. Includes the $167,857.70 Old Age Benefits plus $1,397.34 Annuities earned
by, additional payments and gives effect to $25,675.09 of offsetting pension credits,
(27 Death Benefits: $6,425.00.)

In the above tabulation the Old Age Beneficiaries are not included in the
workers and Widows, but the amount remitted to them appears in the “Disburse-
ments.”

We regret that in these times of abnormally high prices we
have not been able to increase the support proportionately. Last
year your Board disbursed for support the sum of $412,334.83,
which is about one seventh of the $2,500,000 synodical budget.
But let us keep in mind that the loving support of our worthy
veterans, of those unfortunate disabled workers, many of whom
need constant medical care and of the large number of widows
and minor orphans, is just as important and necessary as the other
chief objectives of the Church: the training of our future workers
and the maintenance of the active men and their families in the
far-flung field.

In the past year 1,511 persons were entirely or partially de-
pendent on this Department, Our budget allowance provided an
average grant of $22 a month for each person. An additional
monthly allowance of only $5.00 per family or unit means an
annual increase of $50,000. The Fiscal Conference should be en-
couraged to make the appropriation for this Department as liberal
as possible. Through careful management we usually succeeded
in having a modest balance at the end of the year which we ap-
plied to a small Christmas bonus. This always released an