# LCMS Convention Proceedings_St. Louis Missouri_1953_S499 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) FINANCIAL MATTERS TEACHERS 59 receive an average of $120.00 a month 134 receive an average of 165.00 a month 318 receive an average of 200.00 a month 522 receive an average of 237.50 a month 285 receive an average of 270.00 a month 71 receive an average of 300.00 a month 22 receive an average of 350.00 a month 1,411 receive an average of $228.00 a month the average cash salary received by our pastors is $251.00 plus free use of a dwelling or a rent allowance. “average cash salary of our teachers is $228.00 a month plus fa dwelling or a rent allowance. We regret also to say that not all graduates from our schools are joining the Pension Fund after their grad- We deplore this fact. It is our conviction that such as do the Pension Fund should not be expected to make on Synod’s Support Treasury in the event of their ty or at the time of their retirement. The wives of these mbers should also be made aware of the fact that their s have not provided for them in the manner devised by for this purpose. * n-Members of Pension Fund Forfeit Support Benefits ‘Wereas, Synod itself has resolved that the Pension Fund and now is Synod’s method of providing support; there- Resolved, That the workers in Synod who after January 1, not participating members of Synod’s Pension Plan forfeit to Support Benefits. Pension Fund Participation of Synodical Workers REAS, Synod has resolved that the Pension Fund shall therefore now is Synod’s method of providing for its at the time of retirement; and HEREAS, Synod itself has numerous pastors and teachers in ce in executive positions and at our synodical schools; and ‘HEREAS, Synod desires to make provision for its workers time of their retirement because of age or disability, and e dependents of such workers at the time of the workers’ means of participation in the Pension Fund; and WHEREAS, These Districts also desire to provide by means ?ension Fund for these workers at the time of their retire-