# LCMS Convention Proceedings_St. Louis Missouri_1950_S1287
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

808 FINANCIAL MATTERS

to pay 8% of their salary into this fund and the employers 114,
of the worker’s salary. Whether the pastors and congregations
will be exempt from this regulation has not yet been clearly and
definitely defined.

In the Brazil District, 97 workers are participating in Synod’s
Pension Fund. Only 75 of the employers are matching their pay-
ments. Teachers and schoolteaching pastors in Brazil are required
by law to participate in the State Pension Plan. Through a specia]
adjustment on the part of the Board, their payments to. Synod’s
Pension Fund have not been made in full. The credits of these
97 workers, from personal and employer’s contributions, therefore
total only about $24,000 U.S. currency.

While participation in the State Welfare Fund is not man-
datory for those pastors who do not teach school, it may become
desirable at some future date for all pastors to join the State
Welfare Program. The benefits of such participation are quite
attractive, especially since they provide not only for a retirement
annuity but also for a sick benefit as well as vacation benefits.

The suggested resolution is, therefore, merely an enabling act,
if and when our South American brethren find it desirable, neces-
sary, or mandatory to participate, with their congregations, in the
State Welfare Program. ;

ACTION

Upon recommendation of Committee 12, Synod adopted this

enabling act.