# LCMS Convention Proceedings_St. Louis Missouri_1950_S627
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS 627

[822] Increase Certain Pension Fund Benefits

Wuereas, The present Pension Fund still does not operate in
the case of those members of the fund in good standing who die
before the age of 65, but rather the relicts are dependent upon
the Board of Support; be it

Resolved, That the Pension Fund terms go into effect in case
of accidental or premature death as though the person who was
enrolled and in good standing in the Pension Fund was a member
to the age of 65, and that this principle operate till the need for
the Board of Support passes through the growth of the Pension

Fund.
York-SEWARD REGIONAL CONFERENCE

SouTHERN NEBRASKA DISTRICT
B. Hout, Secretary

[823]
Re Pension Funds

Wuereas, The accumulation of interest does not pay for the
pensions paid out at the present time; and

Wuereas, When Synod is in debt, it will pay a higher rate of
interest also for funds to pay out the pensions that it receives
from its pension funds; therefore be it

_ Resolved, That until the time that the old age benefits can be
fully met by the accumulations of the pensions, 10 per cent of the
contributions be used to pay out pensions, and 90 per cent be
put aside on interest. Martin KELLER

[824]
Reduce Age of Retirement

Wuereas, The office of the holy ministry is a greater strain on
the nervous system than many other occupations are; and

Wuereas, Under present-day conditions this strain is increased
and the health of some of the workers breaks down before they
reach the age of 65; and

Wuereas, It is necessary that everything humanly possible be
done to preserve the health of our workers; therefore be it

Resolved, That the age of retirement be reduced to the age of 60.

It is hoped that by doing this the health of the. workers
will with the blessing of God be preserved for at least limited but
very valuable service. Martin KEtier