# LCMS Convention Proceedings_St. Louis Missouri_1950_S1275
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

796 FINANCIAL MATTERS

to read as follows: “The Fiscal Conference is authorized and
- instructed to make the necessary appropriations for the above.
mentioned Special Benefits.”

Resolution 13
Your Committee recommends the following changes in para-
graph designations in the synodical Handbook, Section 1.47:
Special Disability Benefit be numbered 10.47 c.
Special Widow’s Benefit be numbered 10.47 d.
Present 10.47c be renumbered to read 10.47 e.
Present 10.47d be renumbered to read 10.47 £.

IV. RAISE OF PERCENTAGE OF EMPLOYER
(This also covers Unprinted Memorials 5, 13, and 40)
Upon recommendation of Committee 12, Synod resolved:
(Revision of Resolution 17)

Wuereas, Industry, the Government, and the Church have
instituted pension plans for their workers; and

Wuereas, There has been much agitation throughout our coun-
try during the past few years for better pensions; and

Wuereas, The congregations in Synod certainly appreciate the
services rendered by their pastors and teachers and surely regard
them as even more important, necessary, and beneficial for time
and eternity than the work of those who are following secular
employment; therefore be it

Resolved, That in order to improve and increase the earned
benefits of the Pension Fund to the individual members, we recom-
mend that the employer’s contributions be increased by one per
cent, beginning January 1, 1951, and by an additional one per cent
for each ofthe three successive years, the worker’s contributions
remaining at four per cent.

Whereas, It may take some time for our congregations to
adjust themselves to these new rates of participation; and
, Wuergas, Synod has in time past granted a period of grace;
therefore be it

Resolved, That in the introduction of these new rates during
the next three years no deduction shall be made from the Special
Benefits accruing to those workers already members of the Fund
whose congregations or employers fail to increase their rates of
contribution; and be it furthermore

Resolved, That the Board of Support and Pensions be preparéd

at the next convention to make such recommendations in this
matter as may be deemed advisable.