# LCMS Convention Proceedings_St. Louis Missouri_1953_S507
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS 507

se of Pension Fund for Church Extension

English District convention adopted the following memo-
mitted by the Chicago Pastoral Conference:

Chicago English District Pastoral Conference hereby
the English District to memorialize Synod to devise ways
through which the reserve of the Pension Fund could
“for Church Extension purposes on the same terms as it
‘4 at the services of the world.”

EncuisH District
Rev. C. F. Danxworts, Secretary

- Report on Synod’s Retirement Plan
for Lay Employees

d’s Retirement Plan for Lay Employees was authorized at
cago Convention in 1947 and became effective as of Jan-
4948. Copy of the Retirement Plan booklet containing the
‘of the Plan was sent to every agency of Synod.

‘Mr. A. T. Leimbach, chairman
“Mr. Charles E. Groerich, secretary

“Lay Retirement Committee met regularly since it was
and conducted all the necessary business of the com-

nald B. Warren of Nelson and Warren, Consulting Ac-
isted in the development and administration of the Plan.
mdered a complete and comprehensive report for the
ded December 31, 1949, which included a valuation bal-
et..A similar report as of December 31, 1952, is now in

figinally adopted, the Lay Retirement Plan provides re-
mefits for all qualifying employees of Synod and its
Whe Plan is financed entirely by the employers. Synod

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