# LCMS Convention Proceedings_St. Louis Missouri_1941_S378 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 378 Financial Matters All others, also those who are exempt from the government tax, contend that their circumstances will not permit them to pay anything into Synod’s Fund. Argentina has no government pension, but we have not one member in the entire District, ‘although much time was spent by the South American Mission Board and by us in discussing the . subject by letter and with representatives. d) In order to win our young workers for the Pension Plan, © er our students must not only be fully informed before their gradua- tion, but something tangible should be done to keep them in- terested. We therefore heartily support the memorial that will be presented in regard to keeping an account of the tuition paid by the ministerial students and returning it to them at the time when they join the Pension Fund. e) We recommend to strike in Paragraph V, “Operating Ex- pense,” the last fifteen words, “for five years or until the Pension Fund is able to carry its own expenses.” Since the Pension Fund is an institution of Synod and not of certain workers and con- gregations within Synod, the cost should be carried: by Synod and not by those only who already are making special sacrifices, f) According to regulations, late-comers are entitled to the full special benefits, provided they and their salary-paying or- Sanizations make certain back payments. Many congregations and boards have shared in the payment of such arrears of their workers. In the case of synodical employees the Treasurer felt that he should not match a late-comer’s back dues but for the respective current fiscal year, because no budget appropriation had . been made for “arrears.” Now, after the majority of the workers receiving salaries from synodical funds have joined, and since not nearly all stragglers will remit their full arrears, the disburse- ments required from the several synodical boards for the purpose of making those entrants eligible for the special benefits should be withheld no longer. Eventually accruing benefits will relieve the burden of the Support budget. g) We know from sad experience that some of our young workers who broke down and became beneficiaries of our Fund after a short term of service did not receive the physical examina- tions at college and at the seminary, the necessity of which Synod repeatedly impressed upon the presidents of our institutions. h) Contemplated changes of the Government Social Security Act which would include the churches and their employees seem to threaten the clear separation of Church and State in our country. At our request Rev. F. Hertwig attended a conference of church- pension men with officials of the Social Security Act. All denom- inations prefer not to be included in the Government plan. We also would rather institute a separate fund for persons doing