LCMS Convention Proceedings St. Louis, Missouri — 1981, Page 162

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To Express Thanks to God
for Dr. Preus’s Ministry

RESOLUTION 4-01
Overture 4-38 (CW, pp. 216—217)

WHEREAS, The Lutheran Church—Missouri Synod
has for the past 12 years enjoyed the capable service of
Dr. J. A. O. Preus as its President; and

WHEREAS, Dr. Preus has in an evangelical manner
upheld the Word of God and the Lutheran Confessions;
and

WHEREAS, He has provided a positive leadership in
our Synod as harmony was being restored to our church,
under God’s grace, helping to maintain The Lutheran
Church—Missouri Synod as a solid confessional church
body; and

WHEREAS, His insights recognized open doors in the
mission and ministry of the church; and

WHEREAS, The huge success of the Forward in
Remembrance effort, in which Dr. Preus was so deeply
and personally involved, will help the Synod enter these
open doors; therefore be it

Resolved, That The Lutheran Church—Missouri
Synod, in convention assembled, thank our gracious
God for the person, faithfulness, and diligent work of
Dr. Preus during his years as President; and be it further

Resolved, That the convention thank and commend
Dr. Preus and assure Dr. and Mrs. Preus of our continued
gratitude, prayers, and best wishes; and be it finally

Resolved, That the convention express its gratitude
by rising and singing “Now Thank We All Our God.”

Action: Adopted (5).
(See Minutes of Session 5).

To Recognize Service
of Dr. Edwin C. Weber

RESOLUTION 4-02
Report 4-02 (CW, p. 193)

WHEREAS, The Lutheran Church—Missouri Synod
has for the past 12 years enjoyed the capable, devoted
service of Dr. Edwin C. Weber in the office of a Vice-
President of the Synod, the last eight years as First
Vice-President; and

WHEREAS, The church has been blessed by his
ministry for 46 years as parish pastor, board member of
the Michigan District, and President of that District;
and

WHEREAS, He has shown himself a Christian
example to thousands who have met, heard, and known
him during his God-blessed ministry; therefore be it

Resolved, That The Lutheran Church—Missouri

163

4. ADMINISTRATION

Synod in convention assembled thank our gracious God
for the person and diligent work of Dr. Weber during his
years of ministry; and be it further

Resolved, That the convention bespeak its prayer for
continued blessings of God on Dr. and Mrs. Weber
during the years to come; and be it finally

Resolved, That the convention express its gratitude
by rising and singing the hymn “Praise God from
Whom AIl Blessings Flow.”

Action: Adopted (10).
(See Minutes of Session 10).

To Continue to Review and Evaluate
Concordia Retirement Plan

RESOLUTION 4-03
Overtures 4-14—4-15, 4-17 (CW, pp. 210—211)

WHEREAS, A study by independent consultants,
reviewing investment policy and content of the invest-
ment portfolio of the Concordia Retirement Plan, was
completed in 1978 and changes in accordance with the
study were implemented in 1979; and

WHEREAS, Investment performance of the Concordia
Retirement Plan compares favorably with the results of
a 1980 survey by A. S. Hansen, Inc., reporting invest-
ment performance for periods of 20, 10, and 5 years of
more than 250 pension investment managers of em-
ployee benefit plans; and

WHEREAS, The Synod’s Board of Directors receives
and analyzes on a regular basis the reports of invest-
ment performance and the consultants’ review of the
investments of the Concordia Retirement Plan; and

WHEREAS, The Board of Managers employs invest-
ment counsel and has professional money managers
investing the funds of the Concordia Retirement Plan;
and

WHEREAS, Investment objectives, strategies, and
performance goals have been established for each
investment agent investing the funds of the Concordia
Retirement Plan and are regularly reviewed by the
Board of Managers and the Synod’s Board of Directors;
and

WHEREAS, The Concordia Retirement Plan has paid
and continues to pay benefits to participants in accor-
dance with the plan provisions as established by the
Board of Directors; and

WHEREAS, In response to the questions raised in
Overture 4-17, the Board of Managers has provided the
following answers:

1. Please state the annual percentage of earnings on
the investment portfolio of the retirement fund for
the last 16 years.