LCMS Convention Proceedings St. Louis, Missouri — 1971, Page 216

Transcription machine transcription, uncorrected

⤓ Download .txt · copy text

216 RESOLUTIONS

counselor and one layman from each circuit would
expose a great number of local people to the insights
and excitement of personnel from foreign fields, educa-
tional institutions, and other synodical work on a
person-to-person basis; therefore be it

Resolved, That the Council of Presidents, in con-
sultation with the Board of Directors, be empowered
to call periodic conferences to communicate such in-
formation and enthusiasm as will reflect the mission of
the church; and be it further

Resolved, That the programing and staffing be pro-
vided by synodical and District stewardship staffs; and
be it finally

Resolved, That the circuit teams of counselors and
laymen be charged to visit each parish within their

circuits and report the response of their visit to District
presidents.

Action: Adopted (17).

To Disclose Investment Portfolios
RESOLUTION 12-18
Overtures 12-17, 12-18 (CW, p. 473)

Wuereas, The publication and the distribution of
synodical investment portfolios to all members and con-
gregations would become prohibitive in cost; and

Wuereas, Only a limited number desire such infor-
mation; therefore be it

Resolved, That the trustees of trust funds honor
requests from legally qualified beneficiaries or employ-
ers for a certified list of securities as of the end of the
prior fiscal year for the fund.

Action: Adopted (17).

To Decline Overture Requesting Coverage
for Routine Medical Examinations
in Concordia Welfare Plan

RESOLUTION 12-19
Overtures 12-08 (CW, p. 471)

Wuereas, The Board of Managers of the Concordia
Welfare Plan has studied the matter of routine medical
examinations, and did not include the same in the
plan because the cost-benefit ratio was found to be
unfavorable; and

Whereas, Health programs such as the Concordia
Welfare Plan are designed to give financial assistance
for therapeutic treatment of illness or injury; therefore
be it

Resolved, That the overture be declined.
Action: Adopted (17).

To Decline Overture to Open Enrollment
to Welfare Plan for a Limited Time

RESOLUTION 12-20
Overture 12-09 (CW, p. 471)

Wuereas, The Board of Managers of the Concordia
Welfare Plan has given consideration to periods of
open enrollment; and

Wuereas, A worker employed prior to age forty
(40) has the opportunity to enroll under certain con-
ditions from the date of employment up to age forty-
two (42); and

Wuereas, A worker employed after age forty (40)
has a period of two (2) years during which he can
enroll; and

Wuereas, Certain postretirement death benefits re-
quire prefunding during the member’s productive years,
a period of open enrollment could result in inadequate
funding for these benefits; and

Wuereas, A period of open enrollment would subject
the plan to adverse selection by workers in ill health;
therefore be it

Resolved, That this overture be declined.
Action: Adopted (17).

To Decline Overture Asking for Vested
Interest in Concordia Retirement Plan

RESOLUTION 12-21
Overture 12-10 (CW, p. 471)

Wuereas, The Concordia Retirement Plan provides
limited vesting beginning at age forty-five with ten
years of creditable service and full vesting at age fifty-
five regardless of the years of creditable service; and

Wuereas, The Board of Managers is presently study-
ing the possibility of improving the vesting provisions
both in connection with qualifying the plan for workers
in Canada and the proposed federal legislation in this
area; therefore be it

Resolved, That this overture be declined.
Action: Adopted (17).

To Decline Overture to Permit Payment
from Pension and Retirement Funds
to Resigned Synodical Workers
RESOLUTION 12-22

Overture 12-13 (CW, p. 472)

Wuereas, The Board of Pensions and Support and
the Board of Managers of the Concordia Retirement
Plan have thoroughly studied the problems in connec-

tion with Overture 12-13 (CW, p.472) regarding the
legal, tax, and actuarial effects of withdrawals of the