# LCMS Convention Proceedings_St. Louis Missouri_1938_S316 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 816 Financial Matters Paragraph IV: The District subcommittees of the Board of Support shall represent the Board of Support and Pensions in their respective Districts on such matters concerning pensions as are brought to their attention from time to time by the Board of Support and Pensions. Action of Synod: Synod adopted the above resolutions and amendments. On Memorial 707, which advocated the elimination of the so- cialized allocation from the Pension Plan, Committee 15 reported: We recommend that Synod endorse the principle of socialized allocation as embodied in the Pension Plan. Action of Synod: This recommendation was adopted, as was also the following: Resolved, That a special vote of thanks be extended to Teacher O. Kolb, Sr., who after twenty-one years of faithful service as secretary of the Board declines nomination. General Resolutions Regarding Support and Pensions Committee 15 reported: While it behooves us in this centennial year to remember with gratitude to God the Veterans of the Cross who one hundred years ago came to this land of promise, here to live and to labor, to sacrifice and to serve, but who long since have entered into their promised rest, it behooves us no less to remember the Veterans of the Cross who still are with us, who after a life of faithful service in the Church can no longer carry on but must resign themselves to a period of patient waiting until the Lord shall call them hence. It behooves us to remember them in their old age, even as they remembered us in their prime of life, and to minister to them and their dependents as their needs may require in things temporal, even as they have ministered to us in things spiritual. Synod as such is mindful of this duty. and hence includes in its financial budget the item of support and elects a Board of Sup- port and Pensions, which according to the regulations prescribed and to the extent that funds are available seeks to discharge this sacred duty. Be it Resolved, That Synod commend the Board for faithful and conscientious performance of duty also during the triennium now closed. We direct Synod’s attention to the fact that, while the number of dependent children supported has slightly decreased in a period of ten years, 1926-1936, the number of supported adults has ma- terially increased. Since an adult needs about three times as much