# LCMS Convention Proceedings_St. Louis Missouri_1981_S162 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) To Express Thanks to God for Dr. Preus’s Ministry RESOLUTION 4-01 Overture 4-38 (CW, pp. 216—217) WHEREAS, The Lutheran Church—Missouri Synod has for the past 12 years enjoyed the capable service of Dr. J. A. O. Preus as its President; and WHEREAS, Dr. Preus has in an evangelical manner upheld the Word of God and the Lutheran Confessions; and WHEREAS, He has provided a positive leadership in our Synod as harmony was being restored to our church, under God’s grace, helping to maintain The Lutheran Church—Missouri Synod as a solid confessional church body; and WHEREAS, His insights recognized open doors in the mission and ministry of the church; and WHEREAS, The huge success of the Forward in Remembrance effort, in which Dr. Preus was so deeply and personally involved, will help the Synod enter these open doors; therefore be it Resolved, That The Lutheran Church—Missouri Synod, in convention assembled, thank our gracious God for the person, faithfulness, and diligent work of Dr. Preus during his years as President; and be it further Resolved, That the convention thank and commend Dr. Preus and assure Dr. and Mrs. Preus of our continued gratitude, prayers, and best wishes; and be it finally Resolved, That the convention express its gratitude by rising and singing “Now Thank We All Our God.” Action: Adopted (5). (See Minutes of Session 5). To Recognize Service of Dr. Edwin C. Weber RESOLUTION 4-02 Report 4-02 (CW, p. 193) WHEREAS, The Lutheran Church—Missouri Synod has for the past 12 years enjoyed the capable, devoted service of Dr. Edwin C. Weber in the office of a Vice- President of the Synod, the last eight years as First Vice-President; and WHEREAS, The church has been blessed by his ministry for 46 years as parish pastor, board member of the Michigan District, and President of that District; and WHEREAS, He has shown himself a Christian example to thousands who have met, heard, and known him during his God-blessed ministry; therefore be it Resolved, That The Lutheran Church—Missouri 163 4. ADMINISTRATION Synod in convention assembled thank our gracious God for the person and diligent work of Dr. Weber during his years of ministry; and be it further Resolved, That the convention bespeak its prayer for continued blessings of God on Dr. and Mrs. Weber during the years to come; and be it finally Resolved, That the convention express its gratitude by rising and singing the hymn “Praise God from Whom AIl Blessings Flow.” Action: Adopted (10). (See Minutes of Session 10). To Continue to Review and Evaluate Concordia Retirement Plan RESOLUTION 4-03 Overtures 4-14—4-15, 4-17 (CW, pp. 210—211) WHEREAS, A study by independent consultants, reviewing investment policy and content of the invest- ment portfolio of the Concordia Retirement Plan, was completed in 1978 and changes in accordance with the study were implemented in 1979; and WHEREAS, Investment performance of the Concordia Retirement Plan compares favorably with the results of a 1980 survey by A. S. Hansen, Inc., reporting invest- ment performance for periods of 20, 10, and 5 years of more than 250 pension investment managers of em- ployee benefit plans; and WHEREAS, The Synod’s Board of Directors receives and analyzes on a regular basis the reports of invest- ment performance and the consultants’ review of the investments of the Concordia Retirement Plan; and WHEREAS, The Board of Managers employs invest- ment counsel and has professional money managers investing the funds of the Concordia Retirement Plan; and WHEREAS, Investment objectives, strategies, and performance goals have been established for each investment agent investing the funds of the Concordia Retirement Plan and are regularly reviewed by the Board of Managers and the Synod’s Board of Directors; and WHEREAS, The Concordia Retirement Plan has paid and continues to pay benefits to participants in accor- dance with the plan provisions as established by the Board of Directors; and WHEREAS, In response to the questions raised in Overture 4-17, the Board of Managers has provided the following answers: 1. Please state the annual percentage of earnings on the investment portfolio of the retirement fund for the last 16 years.