# LCMS Convention Proceedings_St. Louis Missouri_1950_S626
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

626 ; FINANCIAL MATTERS

1. A disability pension of $50 a month to be granted every
Pension Fund member in good standing who must retir;
because of disability prior to age 65 and whose disability
prevents him from having gainful employment.

2. A widow’s pension of $30 a month to be granted to every
widow whose husband’s Pension Fund account is fully paig
up at the time of his death prior to the age of 65.

.3. Participation to be required in the Pension Fund of every
worker who is on a synodical or District payroll. —

THE Boarp or Directors oF THE AtLantic Districr
Cart M. Zorn, Secretary

[821]
Amend Pension Fund Regulations

Waereas, In many pension plans benefits to the worker are
based on years of service; and

Wnereas, There often is a marked decline in the health and
strength of many workers in our Church after they have been
active for forty years; and

oy Wuereas, A continuing of full-time service of such workers
a may result in the further deterioration of the health of the worker
Lg and of his work; therefore be it

: Resolved, That Synod amend its Pension regulations permit-
4 ting any worker to retire (with the full benefits of the Pension
4 Plan) who has been active in Synod for forty years or longer.

We respectfully submit this proposed amendment as an
extra right for a worker to retire. The worker who, through no
fault of his own, was compelled to leave the work in our Church
for a certain period during his working years would still have the
privilege to retire at 65.

In addition to the benefits named above, we feel, the adoption
of this amendment would, in many instances, make it unnecessary
for the worker to make a declaration of his assets, which in the
past often has been a painful ordeal.

St. Jomn’s Ev. Lurneran Cuurcu
Merrit, WIs.
° on 0 W. E. Tewss, President
ms A. L. Buerer, Secretary
4 Rost. H. Kron