# LCMS Convention Proceedings_St. Louis Missouri_1953_S165 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) SEMINARIES AND COLLEGES 165 The Retirement Program » Board has now had six years of experience with Synod’s tirement plan, which provides that all teachers and ad- tors in the colleges and seminaries must be retired or modified service at the close of the school year in which the age of 70. At present ten men are on modified “which engages them in work related to the college, but not aching of any regular, required courses. been found that the program of modified service is of est value to the Church and to the men involved. Through the college retains the benefit of the experience which rkers have accumulated; on the other hand, the reduced ually available at this age in life are applied to produc- in the field most familiar to these people, and at a rate ate with their capacities. dverage age level of several of Synod’s faculties is com- high. Accordingly, a substantially increased rate of re- ts:(15 to 18 in the next triennium) must be anticipated for fly future. Since these brethren have been made subject to licy, our Church has the moral obligation to retire them ircumstances of dignity and with adequate provision for h conditions are met quite well, according to the Board’s in cases where modified service can be provided; how- wie advancing age levels of the faculties would indicate that d'be expected that some of the men placed under com- tirement in the immediate future cannot be fitted into ogram, especially since the number promises to become Board for Higher Education, therefore, amends that Synod authorize the Board to supplement sion provisions may apply by the addition of payments ‘per. month in all cases where compulsory retirements fective under circumstances which do not permit the ee: of modified service at a college or seminary; and the ends, further, that it be authorized to approve items for es in the budgets requested by any institutions in- Advanced Scholarships soard’s experience during the past triennium indicates’ st majority of District Presidents would prefer to see d Scholarship Fund provided directly through the gned to the Board for Higher Education rather than rate District contributions as is now done. The posi- istrict Presidents is that all funds in the general budget