# LCMS Convention Proceedings_St. Louis Missouri_1947_S608
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

608 FINANCIAL MATTERS

Standing
According Per Congre- Per
District to Salaries Workers Cent gations Cent

28. Southeastern —.. 3 yf) 74 58 66
29. South Wisconsin _ 6 255 73 115 70
30. North Wisconsin 14 143 71 129 52
31. Montana _........ 24 22 70 24 58
Unclassified Workers ... _ 23 _ _ _
Argentina 2. _ — 48 95 6 8
Brazil enna en eee eee _— 113 78 62 44
Total Registered, May 1, 1947 5,634 3,385
Average Per Cent 88%* 10%

* 778 workers, or 13.5%, not active —13.5% deducted in each District in
computing the percentage.

es
Total Pension Fund Assets, as of May 1, 1947 __ $4,585,408.19 (estimate)
EN

For the worker who has performed his duty in the service of the
Missouri Synod and for his dependents there is, humanly speaking, only
one organization that can and will provide fully and permanently in
illness and bereavement —

SYNOD’S SYSTEM OF PENSIONS AND SUPPORT
327 Pomeroy Avenue — Crystal Lake, Illinois

While the growth of the Pension in the nine years of its
existence has been very gratifying, we have now reached the
stage where growth will be considerably slower. In the first place,
our growth is limited, since we are confined to the membership
of Synod. Again it is limited by misinformation, misconceptions,
selfishness, and prejudice.

Pension Fund Statistics

Total Registration on January 31, 1947
1 0) — 3,571

Professors ene
Workers Not Serving Congregations .. ennai
Female Workers 20... ccccc cece eeeeceeeeceeeeeeeeeee te | 18
5,573
Members Died 2.0... cece eceeceeceeeeeeeeeee eee water BOT
Members Retired _.. 344
Members Withdrawn
— 5
Total Active Members cn cecce ecco eec eee cecceeeeeeeeneeen essen 4,818
—=
Congregations Enlisted 0 . 3,322
Institutional Boards 00 - 56
Synod’s and the Districts’ Salary-paying Boards 50

Disbursed for Death Benefits — Oct. 1, 1937, to Jan. 31, 1947 _.. $64,725.00 |

One Year’s Growth
Workers Congregations Balance

January 31, 1947 5,573 3,322 ' $4,377,894.57
January 31, 1946 . 5,247 3,067 3,493,309.00

Increase ......... 326 —6% 255 —8% $ 884,585.57 — 25%