# LCMS Convention Proceedings_St. Louis Missouri_1953_S490
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

490 FINANCIAL MATTERS

either the workers themselves or their congregations or-bog
not participate in the Pension Fund in full from October

to the date of their resignation. Some of these disabl i
have greater needs because of dependents. Additional
has been granted to 8 of them, averaging $111.78 a mon
average age of these 19 men is 47 years. They rendered an
of 23 years of service.

24. A number of our disabled pensioners who had
prior to 1952 have since reached age 65 and now are regay
Old Age Pensioners. Following is a tabulation of the ve
the Cross who today are receiving the Old Age Benefit:

25.

Number Still

Year Who Receiving Former Male Female Years
Retired Retired Pension Pastors Profs. Teach. Teach.
19388 _... 15 2 2
1939 _. 28 9 4 4 1
1940 __._. 33 8 6 : 2
1941 __. 34 16 10 1 5
1942 _... 61 31 18 1 12
1943 __._. 31 19 14 5
1944 .__.. 43 23 14 9
1945 _.. 49 25 17 8
1946 _... 54 31 19 2 8 2
1947... 31 26 15 4 6 1
1948 ___. -~ 56 39 25 3 11
1949 48 43 28 3 11 1
1950 __._. 33 23 17 6
1951... -~ 52 47 32 2 11 2
1952 _... 41 33 21 1 10 1
609 375 242 17 108 8

Deaths of Pension Fund Members

26. During the 1952 fiscal year, February 1, 1952—Jant
1953, 64 deaths of Pension Fund members were recorde
called for the payment of $30,175 in death benefits.

27. Included among these 64 deaths were 32 Old ‘Ag
sioners, 21 pastors, 2 professors, and 9 teachers, who had
an average of 47 years. Their average period of retirem
8 years, and their average age at death was 82. The caus
in 20 cases was a heart ailment, 5 died of a stroke, 1 of ca
6 of other causes. 23 were survived by a widow. Th
Pension Fund accumulation was $876.64, which provided an’
earned annuity of $6.78 a month. Yet they received a pe
$60 a month because Synod added a subsidy from Supports
The total average benefits paid to each pensioner was $5,2

28. Seven servants of the Word, 5 pastors and 2 teachers
had resigned because of disability, at an average age of 58)