LCMS Convention Proceedings St. Louis, Missouri — 1965, Page 241

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11. COMMUNICATIONS AND PUBLIC RELATIONS 244

Ontario within which to amend the Pension Plan to
bring its provisions and operations into compliance,
with the stipulation that the applicable amendments be
made effective retroactively to Dec. 31, 1964. In view
of the complexities of complying with known require-
ments of Ontario, and in view of the present state of
flux and uncertainty with respect to the ultimate impact
and effect of legislation in the other provinces which
makes likely the need to amend the Pension Plan from
time to time without being able to wait for consideration
by the Synod in convention, it is recommended that pro-
visions be added to the Pension Plan to confer upon
the Board of Directors of the Synod full power to amend
the Pension Plan, by means of special rules applicable
to workers in Canada, from time to time in any and all
respects as may be necessary to comply with applicable
laws in Canada and, if deemed necessary, to adopt an
entirely separate plan applicable to workers in Canada.
To implement this recommendation, the following
resolution is recommended:

Resolved, That a new Section 10.59 be added to the
Handbook, providing as follows:

10.59 Adoption of Special Rules or New Plan Applicable
to Workers in Canada

a. The Board of Directors of the Synod shall have
the power and authority from time to time to adopt
special rules, having the effect of amendments to the
Pension Plan, applicable to workers in the Dominion of
Canada or any province thereof and to the employers
of such workers, as may be necessary or appropriate to
the end that the Pension Plan may from time to time
comply with applicable laws. By way of illustration only
and not in limitation of the matters with which the
Board of Directors may deal, such special rules may
make provisions with respect to eligibility for participa-
tion in the Pension Plan, vesting of pension rights, “porta-
bility,” contribution rates, limitations on withdrawals of
contributions, the segregation from the Pension Fund of
the assets from time to time held to fund the benefits
of workers in Canada into a separate fund or trust,
appointment of a trustee or trustees (individual or
corporate) other than the Board of Trustees of the
Synod’s Trust Funds to hold, manage, and invest the
assets held to fund the benefits of workers in Canada,
the transferring of the functions of the Treasurer of the
Synod with respect to the funds held for workers in
Canada to the trustee or trustees in Canada or otherwise,
and the transferring of the administration of the Pen-
sion Plan, insofar as affecting workers in Canada, from
the Board for Support and Pensions to another board or
agency whose membership shall be subject to appoint-
ment and removal by the Board of Directors. The Board
of Directors may make any such special rules retroactive
if and to the extent required to comply with applicable
laws.

b. If the Board of Directors of the Synod shall at
any time be of the opinion that it is impracticable by
reason of the complexities of applicable laws, or other-
wise, to operate the Pension Plan for workers in Canada
by means of special rules as authorized by a above, the
Board of Directors shall have authority to adopt an
entirely separate pension plan for workers in Canada,
containing such provisions as the Board of Directors in
its discretion shall deem appropriate or desirable in
the light of applicable laws and in the best interests of
workers in Canada.

ce. If the Board of Directors shall adopt a new plan
pursuant to the foregoing authority, it may direct the
Treasurer of the Synod (or the trustee or trustees then
holding the assets funding the benefits of Canadian
workers) to cause to be paid over and transferred to
the new plan assets from the Pension Fund in an amount

equal to the aggregate value of the individual accounts
of all or such part of such Canadian workers as will
thereafter participate in said new plan, together with an
equitable share of the Contingent Fund and accumulated
but uncredited interest, for further administration under
the provisions of the new plan. Any worker whose
individual account shall be transferred from the Pen-
sion Plan to any such new plan shall, after such transfer,
look solely to the fund held under such new plan for
the satisfaction of his pension benefits and shall have
no claim thereafter to the Pension Fund under the Pen-
sion Plan; provided, however, that the Board of Directors
shall not direct the transfer of assets from the Pension
Plan to any such new plan unless a competent actuary
shall certify to the Board of Directors that after such
transfer the benefits of any worker whose account shall
be transferred shall be not less than the actuarial equiva-
lent of the accrued benefit of the worker under the Pen-
sion Plan at the time of the transfer and unless the
worker’s personal accumulation in the Pension Plan as
of the time of transfer shall be subject to terms no less
favorable to the worker than the provisions of the
Pension Plan pertaining to his personal accumulation;
provided, however, that if the worker shall consent in
writing to the transfer of his account, the Board of
Directors may order the aforesaid transfer of assets to
the new plan without regard to the foregoing restrictions.

d. The special rules adopted from time to time by
the Board of Directors, or a new plan adopted by the
Board of Directors, pursuant to the authority of this
section, shall be incorporated into the Handbook as a
part of these bylaws in such a manner as may be de-
termined by the Committee on Constitutional Matters
at the time of each revised publication of the Handbook.

This resolution is to become effective immediately
upon adoption.
Boarp or Support aNp PENSIONS

WALTER E. Licutsinn, Chairman
LORENZ F. WAHLERS,
Acting Executive Secretary

11. Communications and Public

[11-08 Un] Relations

To Order Resumption of Publication
of Official Records in Official Periodicals
of the Synod

Wuereas, The ordination, installation, commission-
ing, and induction of pastors, teachers, professors, and
other official workers in the Kingdom are a matter of
concern to the entire Synod and not just of interest to
the local constituency —a fact underscored by the re-
quirement that notice be given officially to the synodical
headquarters when such official acts are authorized and
completed; and

WuenreEAs, In these days when District Presidents are
being asked to furnish call lists with increasing fre-
quency, a report of such official acts in the official
periodicals of the Synod is helpful in considering an
individual for such a call list; and

Wuereas, The official periodicals of the Synod have
ceased to publish such reports on a continuing basis
(The Lutheran Witness having already done so and Der
Lutheraner soon to follow suit), making the report in
the Statistical Yearbook the only publie record of such
official acts; and