# LCMS Convention Proceedings_St. Louis Missouri_1941_S873
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

Financial Matters 378

terature concerning Synod’s finances should plainly state the
exact actual amount which the congregations are to raise for
‘apport budget, which is abr ut 60 per cent. of the figure usu-
y- quoted.

. 10. We believe the time has come when the workers are no
nger expected to make perscnal contributions through their
pective conference solicitor, but rather remit their Pension
s; also the private societies which engage workers from our
s and in their behalf have joined the Pension Fund should
be asked to remit an annual contribution in the amount of
ut $50 into the Support Fund. (Handbook, p. 119, § 8.)

11. The gratitude of some of our Support beneficiaries is in-
ated by recent bequests for the Permanent Support Fund by
late Mrs. Louise Rabe of Elgin, Ill, Rev. Paul Block of Cali-”
fornia, and Mrs. Lydia Meyer of Danville, Til. Obviously the
‘Amounts involved were not large according to current standards
“but undoubtedly precious in the sight of the Lord.

12. In view of the uncertain financial situation there can be
safer and more productive investment for anybody than an
nnuity gift for our Veterans of the Cross. We pay a very
iberal interest for life to one or more beneficiaries. Write to
e chairman.

13. Designate your memorials at funerals for the fund that
vides for those who are to be counted worthy of double honor.
ards furnished free upon request.

hanges II. Pension

Your Board is authorized, with the consent of the Board of
ectors, to amend the Pension Plan. (Paragraph VII.) During
the past triennium this privilege was exercised only in a few
“minor details in regard to the special benefits.

1. Paragraph III, E, states that “the full special benefits are
available to workers who join on or before December 31, 1939,
‘and remit the back dues.”

The words “on or before December 31, 1939” were eliminated.
We have accepted, and still accept, registrations of late-comers,
“granting full special benefits upon remittance of the arrears.
Recommendations. — Obviously the amount of the arrears to
_ be paid by late-comers who wish to qualify for the special benefits
constantly becomes larger, and it will be increasingly difficult,
“especially for the workers on low salaries, to qualify for the full
‘death- and old-age benefits. At the same time it is desirable that
‘those special benefits should continue to attract new members
“and therefore should remain within reach of delayed entrants.
Synod, therefore, should make arrangements to reduce the amount
of the arrears. This may be done by shortening the period over