# LCMS Convention Proceedings_St. Louis Missouri_1953_S497
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS 497

rker retiring at the age of 65 or over shall be entitled to
his Old Age Benefit in full if his annual earnings from
work and/or secular work do not exceed an average of
onth. If he receives average earnings in excess of $120
h‘from church work and/or secular work, a corresponding
n shall be made in his Old Age Benefit.

“Jn all borderline cases the Board of Support and Pensions
the judge, basing its verdict upon the principles of right,
4d with Christian love and charity.”

Iti is definitely to be understood that this ceiling has reference
Bachsion which is provided in part from subsidy out of Synod’s

‘Treasury.

én Status of a Pension Fund Member’s Widow 10.47 b(1)
HEREAS, It seems to be most unfair and discriminatory to
the widow of a Pension Fund member from the subsidized
of the Pension Fund because she was not his wife for
od. of ten years prior to retirement; therefore be it
esolved, That the words “for at least ten years” in
(1) be stricken. Then this sentence will read: “and that
iow was married to him prior to his retirement.”

At is to be understood, however, “In the event that a worker
4. while receiving an annuity, his widow and her children
ve no claim on the benefits of the Pension Fund.” (10.45 e.)

Membership Report — January 31, 1953

d 153 boards.
PENSION FUND REGISTRATION

Jan. 31, 1952 Jan. 31, 1953
__ _ 4,194: 4,314
_ _ 1,708 1,796
—_— 194 207
serving boards or institutions 455 519.
workers. 240 252
oe —_— 11 17
6,802 7,105
| died a 567 631
wetired, living __________ 346 396
thdrawn _...__.______ 248 1,161 270 1,297
l active members _____ _ 5,641 5,808
ongregations enlisted 4,211
ustitutional boards 99
Synod and District salary-paying boards... . 54

Total employers +++ sé 864

nbership: 85% of Synod’s workers, 90% of the congrega-