# LCMS Convention Proceedings_St. Louis Missouri_1953_S660 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) [ern aa ae A RR sone Pe at ad eee - fata t = the adoption of the Pension Plan in October, 1937; and c. WHEREAS, It is also highly gratifying and commendable our congregations or employers are responding favorably to Synod’, Suggestion of increasing their contributions to the Fund at the rate of 1% each year, beginning with January 1, 1951, unt] they all reach 8% by 1954, and after that year Continue to Con. tribute at this rate annually; and d. Wurreas, We realize that even this last-adopted method, while steadily and gradually increasing the funds for further Pen. sion benefits, etc., still does not adequately meet present-day re. quirements; and e. WHEREAS, Present-day economic conditions have resulted in decreasing the purchasing value of the dollar, thus making it ex. ents to live a normal life, especially if they have no other income to meet current expenses ‘besides that of the Pension allowance; therefore be it f. Resolved, That we petition the delegates of the 42d Regular Convention of The Lutheran Church — Missouri Synod, assembled at Houston, Tex., to consider the Possibility of increasing the present minimum Pension of $60 to $75 a month for the worker and the present minimum Pension of $30 to $37.50 a month for the widow. g. Because the appropriation in behalf of our Board of Support and Pensions during 1953 makes no Provision for an increased Pension; therefore be it h. Resolved, That the increased Pension go into effect as of February 1, 1954, 55. Increase of Ceiling on Earnings of the Pensioners 10.47 b(3) a. Wuereas, The cost of living has greatly increased these past three years; and b. Wuereas, The ceiling adopted by Synod in 1947, namely, $90 a month, on the earnings from part-time activity on the part of a Pensioner no longer is in keeping with living costs; and c. Wuereas, Synod’s Board of Directors has already, during this interim, permitted the Board of Support and Pensions to operate with a ceiling of $120 a month on the earnings from part-time church or secular work; therefore be it d. Resolved, That 10.47 b(3) be amended to read as follows: eae, teh the BR es ot.