# LCMS Convention Proceedings_St. Louis Missouri_1947_S614 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 614 FINANCIAL MATTERS conscience reasons is willing to remain in service beyond the retirement age, is not entitled to pension benefits and furthermore must continue to remit the usual premium payments; and Wuereas, The participant who remains in office after reaching the age of 65 saves Synod not less than $50.00 per month for every month he continues in service; therefore be it Resolved, That in order to remove the afore-stated inequities, the regulations be changed to the effect that all participants upon reaching the age of 65 be relieved of making further payments into the Pension Fund. Detroit CONFERENCE OF LUTHERAN TEACHERS Berwyn F. Lemxe, Secretary This overture was endorsed by Tue East Micuican PastoraL CONFERENCE Committee 12 reported: Wuereas, A worker who has not retired after he has reached retirement age is still earning and able to pay; and WuHereas, It is customary in secular pension plans for the worker to continue his pension payments after retirement age until such time as he retires; therefore be it Resolved, That we reject the proposal of Memorial 808. ACTION Synod adopted this resolution. Changing Pension Regulations (Memorial 809) Wuereas, The regulations governing the payment of pensions to members retiring at the age of 65, or above, restrict the payment of the full $50.00 monthly pension allotment to such whose monthly remuneration from church work is $40.00 or less, while no ceiling is set on earnings from secular occupations; and Wuereas, This regulation creates manifest inequalities and injustices; therefore be it Resolved, That the California and Nevada District respectfully petition the honorable Evangelical Lutheran Synod of Missouri, Ohio, and Other States to alter its pension regulations in such a manner that any inequalities and injustices be removed. Tue CALIFORNIA AND Nevapa District Cart Fickenscuer, President R. J. Jacets, Secretary