# LCMS Convention Proceedings_St. Louis Missouri_1953_S495
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS 495

We have 372 Pensioners, 15 men who are receiving the
Old Age Benefit, and 39 receiving the Disability Pension.
jnsioners out of the 372 are already receiving Support, aver-
-$15.61 a month, in addition to their Pension. 7 of the 15
Old Age Beneficiaries are receiving Support, averaging
-a month, in addition to their Pension. 19 of the 39 disabled
ension Fund members are receiving Support averaging $84.28
onth. Increasing all Pensions to these 426 pensioners to an
Pension of $900 a year will entail an additional appropriation

50,, We have 471 widows receiving a Pension. Of these, 155
‘ ly receive Support averaging well over $18 a month, in addi-
their Pension. To increase the Widows’ Pension from $360
450. a year will require a further appropriation of $30,300.

We have an average of 25 additional Retirement Pensions
to our roll each year. The additional cost would be $4,500.
‘Widows’ Pensions are usually added to our Pension roll
ear, This would require an additional outlay of $3,600.

We believe firmly that Synod wishes our veterans and their
to receive a more adequate Pension and will therefore not
tate to increase the Pension to $900 a year to the retired
cer and $450 a year to the worker’s widow even though the
creased cost is $96,000.

53, We submit for your information our budget appropriation

ion’and Support Benefits in 1953 $782,000
ension Credits eee 67,000

st:to Synod in behalf of 1,275 beneficiaries ___ $715,000

e Office Operating Expenses __... _. 22,000

i . 15,000

32,000

24,000

Budget Appropriation for 1953 is $808,000

given you the above information, we now submit for your
ration the following recommendations:

crease of Old Age Pensions, Disability Pension, and

c Widows’ Pension

(Refer to 10.47 b(1), 10.47 e, and 10.47 d)

1 February, 1952, the chairmen of the District Boards of
and Pensions throughout Synod met in the Lutheran
th the Board of Support and Pensions for a two-day
ce. This group resolved to submit the following overture,
tur Board herewith approves and makes its own.

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