# LCMS Convention Proceedings_St. Louis Missouri_1956_S648
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

648 FINANCIAL MATTERS

in the States and shall be paid in U. S. currency. The usual deduc- of
tions for lack of regular payments during any given year shall Lo
also be made, but the minimum Death Benefit shall be $150, tee
Minimum and Maximum Pensions i ‘mi
46. Toward the close of 1955 we submitted a sixteen-page of
printed report on the Pension Fund, which was mailed to all pas- or.
tors, teachers, professors, and missionaries, as wel] as to the treas- Tt
urers of participating congregations and organizations in Synod lis
Additional coples are available and wil] be mailed upon request ta
to anyone desiring a copy. We show in this report that the Board
of Support and Pensions stands instructed to pay the following 1s
minimum Pensions: To retired workers — $1,200 a year; to disabled re
workers — $1,200 a year; to the widows of Pension Fund mem- sti
bers — $720 a year. It is to be understood that these benefits are m
paid in full only when all expected personal and employers’ Pen- Pc
sion Fund contributions have been made. qt
47. The above-referred-to Pensions are not maximum benefits. su

A young pastor or teacher who joins the Pension Fund at

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ties, such as Government bonds, utilities bonds, industrial and rail- S:
road bonds, and real-esta al
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