# LCMS Convention Proceedings_St. Louis Missouri_1953_S668 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) . bates rae Somnrreape tae ee pre = 674 FINANCIAL MATTERS instance, if after January 1, 1954, the con i a ’ ’ gregati i remit at 4 per cent, the additional deduction will be $10. ra minimum subsidized pension for each participation; and be it further Resolved, That the deduction fr i : > om the widow’ idizeg pension shall be 50 per cent of the husband’s deduction Subsi ues to ‘om the such year of 4-per-cent Resolution 9 . ENDOWMENTS AND GIFTS ah Wuereas, The benefits of our Pension Fund would be great} enhanced if we had, or were to receive, large endowments or ‘ . for the benefit of the Pension Fund; therefore be it its Resolved, That we encourage the Synod and their members to make use cards which are available and al: sad sine so enco various congregations of of the memorial wreath urage larger endowments Resolution 10 COST OF ACCOUNTING tha Wuereas, Committee 3 of the Board of Directors recommends t the cost for all accounting of the Pension Fund (which caring, ‘o $22,825.00 in the fiscal year 1952) be charged to the arnings o e Pensi i conte ion Fund instead of Synod’s budget ac- Wuereas, The Board of Su i ipport and Pens i recommendation; therefore be it wee SMBROENS thle Resolved, That beginning Febru: 1 . olved, ary 1, 1954, th accounting for the Pension Fund be charged to the carnings the Pension Fund instead of Synod’s budget account, Resolution 11 FEDERAL SOCIAL SECURITY Memorial 811 proposes that S i . ynod express itself i Social Security benefits for pastors and teachers. Ss favoring Memorial 812 Proposes that a stud: emc ly be made of the possibili of obtaining these benefits in dditi i . Y sion prom addition to a modified church pen- Memorial 816 recommends that the F ederal Social Security program be ad i program | a opted and that our own Pension System be dis- Unprinted Memorial 30 and the’ sas e communi rece port these memorials. cations received sup- ist Social Security benefits are at present not available to min- isters and teachers of religion; however, Government bills are FINANCIAL MATTERS 675 # ing which propose the inclusion of pastors, teachers, and other fessional church workers under the Federal Social Security Some church bodies have gone on record favoring Social. eeurity for ministers and other church workers. Others have not. Bown Church has not yet taken an official stand in this matter. © It is not yet certain what action the Government will take, Ein case such a law is enacted, our pastors, teachers, congre- ions, and Synod itself with its various Districts will be con- ted with this question. In considering this problem, it must be borne in mind: a). That this is a question of practical judgment and wisdom ing with the temporal and material side of life; “b) That it is a question about which intelligent and con- tious Christians may differ without offending the conscience the other. ‘ Those favoring Social Security benefits for church workers gue: ; a) That it would be the law of the land and no moral objec- ons should be raised against it; , ‘ - b) That this law is intended for the good of all citizens and hat it is supported by the taxes of all citizens (pastors and other professional church workers are citizens and taxpayers) and that -fhere are no valid reasons why they should be excluded from the benefits of this law intended for all; c) That if the law is enacted, most of the pastors and teachers will automatically become eligible for Social Security benefits regardless of any action that Synod might take; d) That it will be of distinct benefit to the retired pastors and professional church workers and their dependents because it would increase their possible income without an additional burden to the Pension Fund. Those opposed to Federal Social Security benefits argue: a) That the Church and its workers should not become the beneficiaries of a secular government; b) That the advantages of the Federal Social Security benefits for pastors and professional church workers are outweighed by the disadvantages; , c) That the Federal Social Security benefits would “shackle our servants of the Church” and that “the pulpit and the school- room should always remain free to declare the truth”; d) That it is the duty of congregations to support their workers during the time of their service and that it is also their duty to care for them when they are no longer able to serve.