# LCMS Convention Proceedings_St. Louis Missouri_1953_S661 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) FINANCIAL MATTERS 661 Forker retiring at the age of 65 or over shall be entitled to Eve his Old- Age Benefit in full if his annual earnings from Eh work and/or secular work do not exceed an average of f . month. If he receives average earnings in excess of $120 Fath from church work and/or secular work, a corresponding sh Fiction shall be made in his Old Age Benefit. Fe In all borderline cases the Board of Support and Pensions fl be the judge, basing its verdict upon the principles of right, Fnered with Christian love and charity.” : : £. It is definitely to be understood that this ceiling has reference “Pension which is provided in part from subsidy out of Synod’s Mpport Treasury. F 56. Bension Status of a Pension Fund Member's Widow 10.47 b(1) © q, WHEREAS, It seems to be most unfair and discriminatory to slude the widow of a Pension Fund member from the subsidized ‘efits of the Pension Fund because she was not his wife for fieriod of ten years prior to retirement; therefore be it b. Resolved, That the words “for at least ten years” in ja b(1) be stricken. Then this sentence will read: “and that ¢; widow. was married to him prior to his retirement.” ~ c. It is to be understood, however, “In the event that a worker arries while receiving an annuity, his widow and her children ‘all have no claim on the benefits of the Pension Fund.” (10.45 e.) ee ee 57. Membership Report — January 31, 1953 i+ Membership: 85% of Synod’s workers, 90% of the congrega- ions, and 153 boards. F PENSION FUND REGISTRATION ” Jan, 31, 1952 Jan. 31, 1953 astors ——————________----—--- 4,194 4,314 eachers 9 —..._-____-____-_-___- __ 1,708 1,796 fessors —-.--—__----—_—-----—--___--__--- 194 207 orkers serving boards or institutions 455 ; 519 ‘emale workers —__...-______---—--~—----— 240 . 252 pee 11 17 6,802 7,105 embers died .....--__________. 567. 631 embers retired, living ...______.. 346 396 embers withdrawn ___..---__-. 248 1,161 270 1,297 Total active members .—..____- — 5,641 5,808 Congregations enlisted _.-..--- 42 Institutional boards —_.--..—-.----—_---____-___ 99 Synod and District salary-paying boards .___ —_ 54 Total employers _....----------__-------_ 4,364