# LCMS Convention Proceedings_St. Louis Missouri_1947_S613
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS

Pension Fund — Change in Regulations
(Memorial 807)

Wuereas, The pastors and teachers of our Synod are interested
in the security offered by the Synod’s Pension Plan, not so much
for their own sakes as for that of their dependents; and

Wuereas, The present practice requires that a declaration be
made by dependents in cases where the worker dies before having
attained the age of Pension eligibility; and

Wuereas, The amount of $25.00 per month is little enough to
receive without making a declaration; therefore be it

Resolved, That our District go on record as favoring a change
in this regulation so that it will no longer be necessary for de-
pendents to make such a declaration; and be it further

Resolved, That we petition Synod to order its Pension Fund
administrators henceforth to pay at least the minimum of $25.00
per month to a widow without requiring such a declaration.

Tae Nort Wisconsin District
O. H. Exrrrt, Secretary

Committee 12 reported:

Whereas, It is not within the scope of the Pension Plan to
give benefits to dependents of pastors who die before the age
of 65 years; and

Wuereas, Such benefits are supplied from the Support Fund;
therefore be it

Resolved, That we reject the proposal of Memorial 807.

ACTION
Synod adopted this resolution.

Changing Pension Fund Regulations
for the Purpose of Correcting Existing Inequities
(Memorial 808)

WHEREAS, Under the present Pension Plan Regulations the
participant who resigns upon reaching the age of 65 ceases to
make further contributions into the fund and immediately becomes
a beneficiary to the extent of not less than $50.00 per month; and

Wauereas, The participant upon reaching the age of 65 is still
physically and mentally capable of further service to Synod, and
who for this reason is implored by his employer (be this a con-
gregation or the controlling board of a seminary, college, or other
church organization) to continue in service, and who for this and