# LCMS Convention Proceedings_St. Louis Missouri_1953_S662 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 662 FINANCIAL MATTERS ‘ONE YEAR’S GROWTH January 31,1953. agg, erations ; January 31,1952 gana tan 303 — 4% 135 —3 — 3% 1951 REPORT ON GRADUATES 1952 , Total Members Mciabers Memt St . Total Non- Fe ner 50 2 8 St. Louis ___ 57 oo River Forest é3 is 2 Pee eeld ; 6 a i giver B 8 49 14 River Forest 80 18 28 al 7 Seward ____ 29 2 2 ~_ _ 7 172 138 34 232 126 106 106 Withdrawals (February 1, 1952—January 31, 1953) > Vithdraswals (February 1, 1952—January 31, 1953): Pp ofessors, 1; Male teachers, 11; Female teache Total nt dreweh oe ts, 6. Total with- membership has also increased numericall almost 800 pastors, male teachers, and som synodical schools’ who are not members of th those non-members have not identified thems Pension Fund because they very likely hav. by which they desire to provide for the day 59. A few have been joini because they are financially unckle do so SMe wa en Fund be We wish to mak earnest appeal to all congregations in Synod not providing but still there are professors at our e Fund. Many of elves with Synod’s some other method of their retirement. PASTORS 96 receive an av rage of $125. 212 receive an average. of ere} a month 1 be recelve an average of 200.00 a month "aor receive an average of 237.50 a month on recelve an average of 270.00 a month a receive an average of 300.00 a month recelve an average of 360.00 a month __—- —_—_ 3,663 receive an average of $251.00 a month. 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 “qhus the average cash salary received by our pastors is $251.00 Bionth plus free use of a dwelling or a rent allowance. The average cash salary of our teachers is $228.00 a month plus use of a dwelling or a rent allowance. 60. We regret also to say that not all graduates from our api ical schools are joining the Pension Fund after their grad- ‘#tion. We deplore this fact. It is our conviction that such as do t join the Pension Fund should not be expected to make ds on Synod’s Support Treasury in the event of their bility or at the time of their retirement. The wives of these ion-members should also be made aware of the fact that their husbands have not provided for them in the manner devised by Synod for this purpose. 61. Non-Members of Pension Fund Forfeit Support Benefits a. Wuereas, Synod itself has resolved that the Pension Fund shall be and now is Synod’s method of providing support; there- fore be it b. Resolved, That the workers in Synod who after January 1, 1954, are not participating members of Synod’s Pension Plan forfeit all claims to Support Benefits. 62. Pension Fund Participation of Synodical Workers a. WueEreas, Synod has resolved that the Pension Fund shall be and therefore now is Synod’s method of providing for its workers at the time of retirement; and b. Wuereas, Synod itself has numerous pastors and teachers in its service in executive positions and at our synodical schools; and c. WHEREAS, Synod desires to make provision for its workers at the time of their retirement because of age or disability, and also for the dependents of such workers at the time of the workers’ death, by means of participation in the Pension Fund; and d. Wuereas, These Districts also desire to provide by means of the Pension Fund for these workers at the time of their retire- ce eee