Collection › LCMS Convention Proceedings (St. Louis, Missouri) › 1971 · 49th Convention › Page 212

LCMS Convention Proceedings St. Louis, Missouri — 1971, Page 212

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212 RESOLUTIONS

To Decline Overture to Make Retirement
and Survivor Benefits More Equitable
RESOLUTION 12-10

Overture 12-15 (CW, pp. 472—473)

Wuereas, It would be impossible to equalize the
benefits paid under the Concordia Retirement and Sur-
vivor Plans for the reasons that it would be necessary
to make any provisions of this nature applicable to
both lay workers and ministers alike to avoid dis-
crimination under federal requirements and it would
price the plans out of the reach of some congregations;
and

Wuereas, It has been determined that the benefits
of the Concordia Survivor Plan are in excess of sur-
vivor benefits available to workers in other fields of
endeavor; and

Wuereas, Increased benefits in the Concordia Sur-
vivor Plan would increase the contribution rate; there-
fore be it

Resolved, That this overture be declined.
Action: Adopted (6).

To Exercise Christian Judgment
in Investment Policies
RESOLUTION 12-11
Overture 12-16 (CW, p. 473)
Wuereas, The trustees of the several funds of the
Synod and synodical agencies are dedicated Christian
stewards who are mindful of the God-pleasing example

which must be set by the investment policies which
they follow; therefore be it

Resolved, That they be encouraged to continue their

exercise of good Christian judgment.

Action: Adopted (6).

To Continue Policy re Financial Statements
RESOLUTION 12-12
Overture 12-19 (CW, p. 473)

Wuereas, The Lutheran Church — Missouri Synod
presently prints an annual statement in its official] pub-
lication, the Lutheran Witness Reporter; and

Whereas, The details presented in this report are
considerably greater than is common in philanthropic
and corporate reportings; and

Wuenreas, Interim financial reports are also made
available as news releases to the Lutheran Witness
Reporter throughout the year; therefore be it

Resolved, That we recognize the concerns of this
overture as being adequately met.

Action: Adopted (9).

To Recognize Centennial of School
for Deaf, Detroit

RESOLUTION 12-13

Overtures 12-20, 12-21, 12-22 (CW, pp. 473—474)

Wuereas, The Lutheran School for the Deaf in De-
troit will on March 11, 1973, observe 100 years of ser-
vice to deaf children from all parts of the United States
and Canada by providing them with a knowledge of
Lutheran doctrine and thus to equip them for a Chris-
tian life, and at the same time has given impetus to a
worldwide mission to the deaf; therefore be it

Resolved, That The Lutheran Church — Missouri
Synod give thanks to God for the 100 years of service
provided by the Lutheran School for the Deaf in De-
troit; and be it also

Resolved, That the necessary organization and pro-
motional effort, and the thankoffering, be completed in
accordance with the schedule approved by the Board
of Directors.

Action: Adopted (6).

To Accept Report of Stewardship Department
RESOLUTION 12-14
Report 12-03 (CW, pp. 457—461)

WHEREAS, The report of the Stewardship Department
provides a valuable source of information and a careful
analysis of such subjects as “Our Record in Missions”
and “Trends and Challenges of Today”; therefore be it

Resolved, That we commend the Board of Steward-
ship and the stewardship staff and accept their report
with thanks.

Action: Adopted (6).

To Accept Report of Board
of Pensions and Support

RESOLUTION 12-15
Report 12-05 (CW, pp. 466—468)

WuereEas, The report of the Board of Pensions and
Support (CW, pp. 466-468) demonstrates resourceful-
ness and good management in carrying out the objec-
tives of the Pension Plan; and

Wuerras, Continuing efforts are being made to im-
prove the benefits being paid (note the recent increases
in minimum monthly payments from $165 to $175 with-
cut additional cost to the Synod); therefore be it

Resolved, That the report of the Board of Pensions
and Support be accepted as submitted; and be it further

Resolved, That we commend the board for faithful
and dedicated service in the management of this fund;
and be it further

Resolved, That the plan to merge the Board of Pen-
sions and Support and the Board of Managers — Concor-