LCMS Convention Proceedings St. Louis, Missouri — 2019, Page 187

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9. STRUCTURE AND ADMINISTRATION
Concordia Health Plan, and Concordia Retirement Savings
Plan, and Pension Plan for Pastors and Teachers, each of
which is a separate trust operated under trust laws but
collectively known as the Concordia Plans.
(a) The “Concordia Retirement Plan for Ministers of
Religion and Lay Workers of The Lutheran Church—
Missouri Synod, Its Member Congregations, Controlled
Organizations, and Affiliated Agencies” is the retirement
plan adopted by the Board of Directors of The Lutheran
Church—Missouri Synod pursuant to Res. 10-02 of the
45th convention of the Synod, as such plan has been
heretofore or may hereafter be amended. The text of the
plan, as amended from time to time, shall be published
in booklet form under the supervision of the Board of
Trustees—Concordia Plans.
(b) The “Concordia Health Plan for Ministers of Religion
and Lay Workers of The Lutheran Church—Missouri
Synod, Its Member Congregations, Controlled
Organizations, and Affiliated Agencies” is the health plan
adopted by the Board of Directors of The Lutheran
Church—Missouri Synod pursuant to Res. 10-02 of the
45th convention of the Synod, as such plan has been
heretofore or may hereafter be amended. The text of the
plan, as amended from time to time, shall be published
in booklet form under the supervision of the Board of
Trustees—Concordia Plans.
(c) The “Concordia Disability and Survivor Plan for
Ministers of Religion and Lay Workers of The Lutheran
Church—Missouri Synod, Its Member Congregations,
Controlled Organizations, and Affiliated Agencies” is the
plan adopted by the Board of Directors of The Lutheran
Church—Missouri Synod in accord with directives
adopted at a prior convention of the Synod (Res. 10-02 of
the 45th convention) to provide for surviving widows
and children those benefits previously provided under
the Concordia Retirement Plan. This Plan also provides
for disability benefits for such workers. The text of the
plan, as amended from time to time, shall be published
in booklet form under the supervision of the Board of
Trustees—Concordia Plans.
(d) The “Pension Plan for Pastors and Teachers of The
Lutheran Church—Missouri Synod” is the pension plan
established by the Synod as of Oct. 1, 1937, as heretofore
or hereafter amended. The text of the plan, as amended
from time to time, shall be published in booklet form
under the supervision of the Board of Trustees—
Concordia Plans.
(ed) The “Concordia Retirement Savings Plan” is the
tax-sheltered annuity retirement savings plan adopted
by the Board of Directors in August 2003, effective
October 1, 2005, as such plan has been heretofore or may
hereafter be amended. The text of the plan, as amended
from time to time, shall be published in booklet form
under the supervision of the Board of Trustees—
Concordia Plans.
(fe) The lists of ordained and commissioned ministers
appearing on the official roster of the Synod shall be
official lists for the purpose of the Board of Trustees—
Concordia Plans.
Resolutions

(gf) National inter-Lutheran entities will be eligible to
be “employers” under the Concordia Plans of the Synod
unless the policies of such a plan preclude such
organization as an eligible employer.

and be it further
Resolved, That Bylaw 3.7.1.3 be amended as follows:
PRESENT/PROPOSED WORDING
3.7.1.3
The Board of Trustees of Concordia Plans and the
Board of Directors of Concordia Plan Services shall consist
of 15 voting members appointed by the Board of Directors
of the Synod. All newly appointed members shall begin
service on the September 1 following appointment, except
with an appointment to fill a vacancy, when service shall
begin on the first day of the month in which the next regular
meeting of members occurs after appointment. The Chief
Financial Officer of the Synod shall be a nonvoting member.
Voting members shall be appointed to three-year terms,
which shall not exceed four terms in a successive period.
The 15 voting members shall include:
1. Two ministers of religion—ordained
2. One minister of religion—commissioned
3. Twelve laypersons, at least five of whom shall be
experienced in the design of employee benefit plans, at
least five of whom shall be experienced in the
management of benefit plan investments, and at least
one of whom shall have significant financial/audit
experience.

and be it finally
Resolved, That Bylaw 3.7.1.4 be amended as follows:
PRESENT/PROPOSED WORDING
3.7.1.4
The Board of Trustees—Concordia Plans and the
Board of Directors—Concordia Plan Services shall have all
general and incidental powers and duties appropriate for
the performance of their functions. In addition, the Board of
Trustees—Concordia Plans will have the powers and duties
set forth in the respective plans, as amended from time to
time. It may create or amend any plan within limits
established by the Board of Directors of the Synod so long
as such changes are reported to the Synod’s Board of
Directors, since such power is finally vested in the Synod’s
Board of Directors.
(a) When the Board of Trustees—Concordia Plans is
carrying out its functions with respect to any such
separate plan, it may be designated as the board of
trustees of such separate plan.
(b) When the board is carrying out its functions
generally, it may be designated as the “Board of
Trustees—Concordia Plans of The Lutheran Church—
Missouri Synod.”
(c) The board shallmay, at its own discretion, make
investment decisions at its own discretion or select and
utilize investment counsel and select agents and
actuaries, in accordance with the Synod’s policies
governing the investment of trust funds.
(d) It shall design for the Board of Directors of The
Lutheran Church—Missouri Synod’s approval benefit
plans which compare favorably with other similar plans
PROCEEDINGS OF THE 2019 (67TH) LCMS CONVENTION | 187