LCMS Convention Proceedings St. Louis, Missouri — 1971, Page 214

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214

RESOLUTIONS

Synod in convention, such termination or termina-
tions shall become effective upon receipt by the
Board of Managers of written notice of such ter-
mination or terminations executed by the President
and the Secretary of the Synod or on the date
specified in any such written notice. The Board of
Managers shall thereafter dispose of the funds held
under the plan so terminated in the manner pro-
vided in such plan.

B. BOARD OF MANAGERS

10.15 Functions of the Board of Managers

The Board of Managers shall administer the
Concordia Retirement Plan, the Concordia Welfare
Plan, the Concordia Survivor Plan, together with
any trust funds under each such plan. The Board
of Managers shall also administer the Pension Plan
for Pastors and Teachers subject to the following:

— The Treasurer of the Synod shall be the trea-
surer and custodian of the assets held under
the plan, but disbursements for other than
investment purposes shall be made only on
order of the Board of Managers.

— The Board of Trustees for Trust Funds shall
have the responsibility of investing the assets
held under the plan and shall make such in-
vestments in accordance with the Synod’s
rules governing the investment of trust funds.

When the Board of Managers is carrying out its
functions with respect to any such separate plan,
it may be designated as the Board of Managers of
such separate plan; and when it is carrying out its
functions generally, it may be designated as the
“Board of Managers of Worker Benefits Plans of
The Lutheran Church — Missouri Synod.”

10.17 Powers and Duties of the Board

The Board of Managers shall have all general
and incidental powers and duties appropriate for the
performance of such functions, including, but not
limited to, the powers and duties set forth in the
respective plans, as amended from time to time.
The Board of Managers shall not, however, have
the power, duty, or authority to add to or amend
the provisions of the plans, which power, duty, and
authority shall be vested in the Board of Directors.

10.19 Personnel and Appointment

The Board of Managers shall be appointed by the
Board of Directors of the Synod and shall be com-
posed of seven persons as follows: four laymen,
two ministers of religion from the roster of Missouri
Synod pastors, and one minister of religion from
the roster of Missouri Synod men teachers.

10.21 Term of Office; Resignations; Removal

The term of office shall be 4 years, appointments
being made on a rotation basis. A member may be
reappointed to succeed himself only once. Members
of the Board of Managers may resign upon 60 days’
notice to the Board of Directors of the Synod; and
the Board of Directors of the Synod may remove
any member upon written notice to him and to
the Board of Managers.

Cc. SUPPORT

10.23 Persons Eligible for Support

The following persons shall be eligible for sup-
port:

a. professors, pastors, and teachers who on ac-
count of old age or illness have been compelled to
resign their office and whose pension annuities are
not sufficient for their reasonable needs;

b. widows of professors, pastors, and teachers,
and their children up to 18 years of age, provided
they are in need of support;

ec. servants of the church who were called and
employed by eleemosynary, educational, and mis-

sionary organizations, and boards within the Synod
and are advisory members of a synodical District,
and missionaries, pastors, professors, and teachers
serving the Synod in home and foreign countries
and their dependents or survivors;

d. women teachers and women workers other-
wise professionally engaged in church work, in-
capacitated after years of faithful service and with
no other means of support. These may be considered
as being in the same class with pastors’ and teach-
ers’ widows.

10.25 Persons Not Eligible for Support
a. The following shall not be eligible for support:
1. professors, pastors, and teachers —

a) who through illness have been compelled to
resign but are able to support themselves in
some other manner;

b) who have sufficient means so that they need
not be supported by the Synod; or

c) who for sufficient reasons have been com-
pelled to resign or who without good reasons
have resigned of their own accord. Such cases
shall be decided by the board after it has
consulted with the respective synodical of-

cers;

2. widows who have. remarried or who obtained
employment enabling them, in the opinion of the
board, to support themselves.

b. Workers in the Synod (and the dependents of
such workers) eligible to participate in but who
did not participate in the Pension Plan for Pastors
and Teachers and/or the Concordia Welfare Plan
and Concordia Retirement Plan shall not be eligible
for support, except as the Board of Pensions and
Support may in its discretion otherwise determine.

ce. All doubtful cases shall be decided by the
Board of Managers — Pensions and Support, judging
each case on its merits and in Christian love.

10.27 Application for Support

Each application for support shall be addressed
to the Board of Managers — Pensions and Support
and shall before approval be investigated and en-
dorsed by the subcommittee of the District in which
the applicant was living at the time when support
was applied for. The board may, however, ask the
subcommittee of the District to which the applicant
has moved to process the application.

D. MISCELLANEOUS

10.29 District Subcommittees

Every District shall elect or appoint a subcom-
mittee of the Board of Managers — Pensions and
Support and fix the number of members and time
of service. Each District subcommittee shall —

a. investigate the applications of all persons who
ask for support and report its findings and recom-
mendations to the board;

b. represent the Board of Managers — Pensions
and Support in its District.

10.31 Official Lists

The lists of pastors, teachers, and professors ap-
pearing in the current records of the various Dis-
tricts shall be the official lists for the purpose of
the Board of Managers — Pensions and Support.

10.33 Lutheran Laymen’s League
Endowment Fund

The Lutheran Laymen’s League Endowment
Fund was collected with the promises that it is to
be a permanent fund and that the proceeds are to
be used for the care of our Veterans of the Cross —
our incapacitated pastors, professors, and teachers —
and of the widows and orphans of pastors, profes-
sors, and teachers. Therefore the Lutheran Lay-