# LCMS Convention Workbook_St. Louis Missouri_1969_S491 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 475 STEWARDSHIP AND FINANCES; RETIREMENT AND BENEFITS (12-13) To Refund Pension Fund Payments Wuereas, The resolution of the 1966 convention (66- 09) directing “the officers of the Pension Fund or its legal successor to remit to workers their and their con- gregation’s payments” was not brought directly to the floor of the 1967 synodical convention (New York) and was declined by Resolution 10-08 of the Floor Commit- tee with the directive that the “Board of Support and Pensions study the legal, tax, and actuarial ramifications of permitting the payment of the commuted value of annuity when requested in writing and report back to the next convention”: and Wuereas, The federal government subsequently has substantially raised Social Security benefits, alleviating for many workers the need for two synodical pension funds; and Wuereas, The increased Social Security benefits have demanded an increased payment solely by the worker and thus created a new financial burden for the worker; and Wuereas, Essentially all clergy are now by statute required to participate in the Social Security program: and WHEREAS, The Board of Support and Pensions through its executive secretary advised pastors and students to partake of both the old plan and Social Security and these workers are now bound to three retirement plans by the unilateral action of the Synod in adding the Concordia Plan without providing for a present return of assets under the old Pension Fund; therefore be it Resolved, That the District reiterate to the Synod the obligation to return to the workers the said funds as described in our previous Resolution 66-09 by send- ing a copy of this present resolution immediately to the Board of Support and Pensions and by directing this present resolution to the 1969 synodical conven- tion: and be it further Resolved, That we encourage the Board of Support and Pensions to act favorably to the intent of Resolu- tion 66-09 and to petition the 1969 synodical convention to permit the return of said funds. CENTRAL ILLINoIs District Lewis C, NIEMOELLER, President H, E. ZIMMERMANN, Secretary (12-14) To Permit Release of Retirement F unds Wuereas, The Pension and Retirement Funds repre- sent the accumulated contributions of individuals and their employers; and Wuereas, This fund represents the hope of individual workers for their years of retirement if God should graciously grant it to them: and Wuereas, Present movements within The Lutheran Church — Missouri Synod may or may not be to the workers’ expectations; and WueEreas, Some workers may feel compelled by con- viction to sever connections with the Synod to join an- other Lutheran synod because of difficulties either in doctrine or practice or both: therefore be it Resolved: 1. That such workers may apply for the funds ac- cumulated to their accounts in the Pension and/or Re- tirement Funds; 2. That such funds be released without penalty upon the request of workers planning or desiring to leave the Synod; 3. That thereafter such workers may not look to The Lutheran Church — Missouri Synod for financial assistance in their retirement. Rev. Donatp F. GINKEL West Des Moines, Iowa (12-15) To Release Retirement Funds Without Penalty Wuereas, The Pension and Retirement Funds repre- sent the accumulated contributions of individuals and their employers; and Wuereas, This fund represents the hope of individual workers for their golden years of retirement if God be so gracious as to give them: and WueREas, Present movements within The Lutheran Church — Missouri Synod may or may not be to the workers’ expectations: and Wuereas, Some of the more forward-looking work- ers may wish to sever connections with the Synod be- cause they do not feel that it is in conformity with their conscience: therefore be it Resolved: 1. That such workers may apply for the funds ac- cumulated to their accounts in the Pension and/or Re- tirement Funds; 2. That such funds be released without penalty upon the request of workers planning or desiring to leave the Synod; 3. That thereafter such workers may not look to The Lutheran Church — Missouri Synod for financial assistance in their retirement as long as they remain in the state of separation from them; 4. That, if the Synod would realign themselves with their position or vice-versa the worker may be re- instated by a statement to that effect if the Synod will accept him once more, Rev. Donatp C. ILLIAN Ankeny, Iowa (12-16) To Seek Less Discriminatory Base for Pensions Wuereas, Workers covered by the Synod’s Concordia Retirement Plan and/or by the former Board of Sup- port and Pensions plan could be penalized, possibly even