# LCMS Convention Proceedings_St. Louis Missouri_1956_S655
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS

ACTION

Resolution 1
Subject: Pension for Handicapped Children of Pension Members
Wuereas, The Board of Support and Pensions has been giving
support to disabled children of Pension members in cases of urgent
need; therefore be it
Resolved, That we commend the Board for their action and
encourage them to do so in the future.

Reducing Pension Payments of Older Workers
(Memorial 810)

Wuereas, According to the Pension Plan of Synod, a worker
retiring at the age of sixty-five receives an annuity of $100
a month irrespective of his ability or nonability to work in the
church and to continue in office; and

Wuereas, The worker who continues to work after attaining
sixty-five years must contribute 4 per cent of his salary, and his
congregation 8 per cent, and thus the worker continues to give
while the nonworker receives; and

Wuereas, According to the normal life expectancy, the worker
who continues in office after reaching the age of sixty-five years
receives less annuity than the worker who retires at sixty-five;
be it therefore

Resolved, That after a worker has reached the age of sixty-five
years, his basic payments be reduced to one per cent of his salary
and that the basic payments of the congregation or other salary-
paying organization shall be fixed at the rate of one per cent of
such a worker’s salary; and that after the worker has reached the
age of seventy-five years and continues in office, Synod require no
more payments, neither from him nor from his congregation or

other salary-paying organization; and be it further

Resolved, That this new regulation go into effect not later

than October 1, 1956. Boarp or DEACONS
ImmanvueL LuraeraN CuurcH, Bristou, CONN.
Housert J. GurskeE, Secretary

Geo. J. Meyer, Pastor
ACTION

Resolution 2
Subject: Reducing Pension Payments of Older Workers

Wuereas, A greater portion of Synod’s Pension payments to

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