Collection › LCMS Convention Proceedings (St. Louis, Missouri) › 1967 · 47th Convention, Philharmonic Hall › Page 154

LCMS Convention Proceedings St. Louis, Missouri — 1967, Page 154

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Scan: The Lutheran Church—Missouri Synod

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154 COMMUNICATIONS AND PUBLIC RELATIONS

To Decline Overture to Make Pension Fund
Money Available to Pastors and Called
Teachers Through Which They can Borrow
Down Payment for Purchasing Their
Own Residence

RESOLUTION 10-07
Overture 10-14 X (Mimeographed)

Wuereas, In the past it has been policy not to loan
money from the equity in the Pension Fund; and

Wuereas, Such policy has been considered a good
one; and

Wuereas, There are many legal implications in-
volved; and

Wuereas, In many instances lending agencies will not
make loans where a down payment is borrowed; and

Wuereas, Should some catastrophe occur which
would prevent payment, the pension of such a person
would be jeopardized; therefore be it

Resolved, That the convention decline Overture
10-14 X.

Action: Adopted.

(This resolution was adopted before Overture 10-14 X,
which had arrived during the restricted 10-day period be-
fore the convention, was officially before the convention.
After the special screening committee [19] recommended
that the convention consider Overture 10-14 X, the conven-
tion decided to stand by its earlier decision to adopt Resolu-
tion 10-07 as its answer to Overture 10-14 X.)

To Decline Overture to Remit to Workers
Their Own and Their Congregations’
Pension Fund Payments

RESOLUTION 10-08

Overture 10-06 (CW, p. 288)

Wuereas, The Pension Fund was established to pro-
vide an income at retirement rather than as a savings
account from which funds might be withdrawn at will;
and

Wuenreas, The permission to remit to workers their
and their congregations’ Pension Fund equities creates
legal, tax, and actuarial problems; therefore be it

Resolved, That the convention decline the request of
the Central Illinois District to remit pension funds to
those requesting the same at this time; and be it further

Resolved, That the Board of Support and Pensions
study the legal, tax, and actuarial ramifications of per-
mitting the payment of the commuted value of annuity
when requested in writing and report back to the next
convention.

Action: Adopted as given above.

(An amendment exempting from the first Resolved work-
ers whose conscience is being violated failed to carry.)

11. COMMUNICATIONS AND PUBLIC
RELATIONS

To Accept Offer of LLL to Participate

in Sponsorship of Television Ministry
RESOLUTION 11-01
Overtures 11-13, 11-14 (CW, pp. 304—305)

Whereas, Our Synod has developed a marvelous and
effective vehicle in the television medium for proclaim-
ing the Gospel through its present television ministry;
and

Wuereas, The major technical force for its continued
numerical growth and effectiveness, with hundreds of
television stations throughout the nation and world pro-
viding free time, is essentially a lay form of undergird-
ing our ministry and mission outreach; and

Wuereas, The Lutheran Church — Missouri Synod
has so many other crucial demands on its financial bud-
get for other mission endeavors; and

Wuereas, The Lutheran Laymen’s League, in its ea-
gerness to serve the Synod in word and deed, has gra-
ciously offered to become progressively more closely
related to the present television ministry of our Synod
as conducted by its Lutheran Television Productions
Board; therefore be it

Resolved, That The Lutheran Church — Missouri
Synod accept the generous offer of the 50th-anniversary
convention of the Lutheran Laymen’s League to sponsor
jointly the present television ministry of the Synod as
conducted by its Lutheran Television Productions
Board; and be it further

Resolved, That the Synod’s Board of Directors and
the Board of Governors of the Lutheran Laymen’s
League continue to study and review said joint sponsor-
ship association during the next biennium for purposes
of evaluation and reassessment of the desirability of
continuing a joint sponsorship association; and be it
finally

Resolved, That the Lutheran Television Productions
Board be expanded upon implementation of joint spon-
sorship association to include the members of the Lu-
theran Television Productions Board plus an additional
four members elected by the Board of Governors of the
Lutheran Laymen’s League, that the increase of mem-
bers in the Lutheran Television Productions Board from
the Lutheran Laymen’s League may provide a closer re-
lation in the joint sponsorship and effectiveness of the
Synod’s present television ministry.

Action: Adopted.

To Note 15th Anniversary of
“This Is the Life”
RESOLUTION 11-02
Report 11-04 (CW, pp. 298—299)
Overture 11-11 (CW, p. 304).
Waereas, Our church’s television program, :“This Is