# LCMS Convention Proceedings_St. Louis Missouri_1953_S511
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS ‘611

: ederal Insurance Contributions

The Pension System of The Lutheran Church — Mis-
jhas become extremely expensive to both congrega-
rkers, requiring payment of 8% of total earnings plus
of house rental by the congregation, and 4% of the
s by the worker; and
, The Federal Insurance Contributions Act (Social
wires payment of only 14% of salary up to a maxi-
600.00 per year from both employer and employee, with
Z imum of 2% from each in 1954; and
The monthly returns from the Federal Insurance
‘Act compare very favorably with the Pension System
1 also include family benefits in case of the worker’s

The Federal Insurance Contributions Act, as last
cover additional classes of workers, requires only
) months of eligibility for maximum benefits at
and

, The Government of the United States has indicated
isd to extend the act to cover even more classes of
. it: therefore

ed, That Synod make efforts through the Congress of
States to have the Federal Insurance Contributions Act
cover all church workers; and be it further

ed; That, if this can be accomplished, the payments made
ers to the Pension System be returned to the workers
plus accrued interest, and the payments made by the
ions be given to Synod by vote of the congregations for
‘mission activities, or the capital fund from the con-

Board of Support funds to give added assistance where

reduced by one half, and used as a supplement to the
ance Contributions Act.

red in a regular meeting of Zion Lutheran Church,
held on March 15, 1953.

HERMAN L. WILKEN, Secretary

“by vote of the congregations, become a permanent

, That the contributions of both congregations and —

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