# LCMS Convention Proceedings_St. Louis Missouri_1944_S337
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

’ Financial Matters 337

e Of the congregations are not yet affiliated is probably found
é ms Jack of understanding — what the Pension System actually, is,
4 works, what its benefits are. This state of affairs points to
ecessity of ‘devising an improved method to promote the
on Plan. The Board of Support: and Pensions mentions the
bility. of appointing a staff of full-time, qualified field men
g 23). But apparently the Board is not certain whether this.
héeadvisable move at this time. It appears to us that there is
Bod reason to doubt the wisdom of such a step: Full-time men
the right caliber are hard to find, expensive to maintain, dif-
eult to return to parish work after their mission has been com-
ted. Nevertheless, more intensive promoting must be done.
, therefore, recommend that it be

Resolved, That Synod authorize the Board of Support and
‘Pensions to seek representatives, through the District Boards of
Support and Pensions, to aid in increasing the membership in the
‘Pension System. These representatives to be engaged, usually
within their Districts, for part-time or temporary full-time work
as needed and to be reimbursed by the Board of Support and Pen-
sions at a cost not to exceed $3,000 per annum.

IV

: Evidently the entrance into the Pension System of a pastor or
teacher immediately after his graduation is extremely desirable,
since the amount of pension available upon retirement depends
largely upon the size of the accumulation credited to the individual.
lt is also evident that the years immediately after graduation often
“place an extraordinary strain upon the financial resources of our
graduates. Alert to this situation, the Board of Support and Pen-
gions prepared, and Synod’s Board of Directors approved, ‘a plan
- whereby, “After January 31, 1944, Synod will pay upon request
“for every pastor or teacher graduate one half of his pension con-
: tribution during the first two years from the date. when he became
‘eligible for membership, and one fourth of his contribution for the
., following two years, provided that the graduate has remitted one
"half, respectively three fourths, of his pension dues. These sub-
‘-gidies will be credited to his personal accumulation, but will not
be included in the refund to which he will be entitled in the
event of his withdrawal from service under paragraph Iv, A.—
.This plan is adopted tentatively for four years.” We recommend
- ‘that in accordance with paragraph XII of the Rules and Regula-
tions, it be

Resolved, That Synod ratify this action.

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