# LCMS Convention Proceedings_St. Louis Missouri_1953_S667
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

Resolution 4
PENSION STATUS OF A

PENSION FUND MEMBER’ WIp.
10.47 b (1) mR’ ow,

Resolved, That the
be stricken and that th
married to him prior t

words “for at least ten years” in 10 47b
e sentence read: “and that his wido a)
o his retirement.” And be it further. ms

Resolution 5
wy NONPARTICIPATION IN THE PENSION FUND
HE :
professors mere are still about 800 pastors, teachers
participating in Synod’s Pension Syste
mM, some

understanding but so i
' me evid
alary; therefore be -it omy

ue their efforts in

tak
Pension Fund; and be it further © advantage of

Persuading these
the benefits of the

to participate in the Pension Fund

1954, are not Par ticipatin me be fe) y: feit
OF:

all claims to Support Benefits; and be it further

FINANCIAL MATTERS 678

Resolution 7 ;
PENSION FUND PARTICIPATION OF SYNODICAL WORKERS
Wuereas, Synod has resolved that the Pension Fund shall be
therefore now is Synod’s method of providing for its workers
‘the time of retirement; and
_ WHEREAS, Synod itself has numerous pastors and teachers in
ts service in executive positions and at our synodical schools; and
WHEREAS, Synod desires to make provision for its workers at
Rthe time of their retirement because of age or disability, and also
for the dependents of such workers at the time of the workers’
Fdeath, by means of participation in the Pension Fund; and ;
, Wuereas, The Districts also desire to provide by means of the
Pension Fund for their workers at the time of their retirement,
r for their dependents in the event of their death; therefore be it
Resolved, That participation in Synod’s Pension Fund shall be
quired of every pastor, professor, missionary, teacher, deaconess,
or other full-time church worker who after July 1, 1953, accepts
a position in, and receives his salary from, The Lutheran Church —
Missouri Synod or from a District in Synod.

&

Resolution 8
REDUCTION OF SUBSIDIZED PENSION WHEN EMPLOYER’S
RATE WAS NOT INCREASED TO 8 PER CENT

Waereas, Synod instructed the Board of Support and Pensions
' to offer a recommendation regarding the deductions from the
'. subsidized pension benefits where the congregation fails to increase
its rate of participation from 4 per cent to the desired 8 per cent,
beginning January 1, 1954; and

Wuereas, The regulations of the Pension Fund, 10.47 b (2),
now provide that a reduction of the worker’s and widow’s subsidy
is to be made if the worker failed to join within three months
after he became eligible for membership, or if his salary-paying
organization did not participate at all or only in part; and

Wuereas, The Board of Support and Pensions has fixed these
deductions at $15 from the annual pension, which presently is
$720 a year, for each year during which the worker’s contributions
were not made in full, and a further deduction of $15 from the
annual pension during which the employer’s payments were not
made in full; now, therefore, be it

Resolved, That after January 1, 1954, an additional reduction
of $2.50 shall be made from the annual subsidized pension of a
worker for each of the four additional percentages by which the
employer’s rate of contributions was not increased. Thus, for