LCMS Convention Proceedings St. Louis, Missouri — 1975, Page 114

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RE SR AE TB IR EEE

114 RESOLUTIONS

proved, improvements in benefits in the Pension Plan for
Pastors and Teachers; and

Wuereas, The Pension Work Committee in meeting
its objectives of giving consideration to potential meth-
ods of further improving benefits has initiated a review
of the various methods of funding annuities and/or in-
vestment possibilities through major insurance compa-
nies as more fully reported in the record of the meetings
of the Pension Work Committee, Board of Trustees, and
the Board of Managers—Worker Benefit Plans during
the 1974—75 biennium; and

Wuereas, Although it is common that pension plan
trustees may carry out their responsibilities by funding
annuities and/or investing through insurance companies,
no identifiable previous action with respect to the Pen-
sion Plan for Pastors and Teachers states that such may
be done by the trustees of such plan; and

WHEREAS, Preliminary responses from insurance
companies do indicate that there may be a potential for
further improvement of benefits in the Pension Plan for
Pastors and Teachers; therefore be it

Resolved, That the Pension Work Committee be en-
couraged to continue its investigation and analysis of the
methods of utilizing major insurance companies in the
funding of annuities and/or for investment purposes; and
be it further

Resolved, That if the analysis by the Pension Work
Committee results in a favorable recommendation re-
garding utilization of contracts with insurance compa-
nies for the purchase of annuities and/or for investment
purposes, the Synod assembled in convention specifically
authorizes the Board of Trustees to take the necessary
action to implement such recommendations and enter
into the necessary contracts involved, and advises the
Board of Directors of the Synod that such board may
exercise its authority (to amend the Pension Plan for
Pastors and Teachers) by amending the plan so that the
Board of Trustees may take said action.

Action: Adopted (3).

(The convention declined an amendment to insert after
“companies” in the first resolved the words: “some of which are
owned and operated by minorities.”)

To Recognize with Appreciation the
Reports of the Administrative Units

RESOLUTION 4-09
Reports 4-02——4-11 (CW, pp. 137—181)

Resolved, That we receive and recognize with appre-
ciation the reports of the First Vice-President, the Secre-
tary, the Board of Directors, the Treasurer, the Control-
ler, the Synodical Services Commission, the Board of
Stewardship, the Board of Managers—Worker Benefit
Plans, the Board of Trustees for Trust Funds, The Lu-
theran Church—Missouri Synod Foundation. (Note: In
Report of Treasurer, 4-05, CW, p. 149, paragraph 5, line
13, figure should be corrected to read $22,813,663.)

Action: This resolution died since it failed to receive
action before adjournment.

To Assign Advance Editorial
Commission to Division of
Parish Services
RESOLUTION 4-10

Overture 4-77 (CW, p. 200)

Wuereas, The purposes of Advance magazine are “to
transmit information concerning the Synod’s work and
programs to the congregations, to assist congregational .
leaders in developing coordinated programs, and to ena-
ble congregations to share with one another successful
methods of practical church work”; and

Wuereas, Both synodical program department staff
persons and field persons are appointed to the Advance
Editorial Commission to develop policies for Advance
magazine that will strengthen parish program planning
in the ministries of education, youth, stewardship, evan-
gelism, social ministry, and worship; therefore be it

Resolved, That the Advance Editorial Commission be
assigned to the Division of Parish Services; and be it
further

Resolved, That the Advance Editorial Commission
cultivate and maintai* such channels of communication
with all the program . partments of the Synod that the
pages of Advance wiii reflect their best thinking and
planning for the building of the parishes of the Synod as
units of nurture and outreach with Christ’s Gospel.

Action: Referred back to the committee (11).

(This referral action was taken by voice vote after the
convention had adopted a third resolved: “That Advance be sent
only to those who subscribe,” and had declined to consider a
substitute motion calling for the discontinuation of Advar

To Terminate the Commission on

Mission and Ministry in the Church

RESOLUTION 4-11
Report 4-04, V, B (CW, p. 144)

Wuereas, The Board of Directors has recommended
the termination of the Commission on Mission and Min-
istry in the Church (N.O., CW, p. 171, IV; Other busi-
ness, S. T; p. 172, V, Recommendations C; Anaheim CW,
p. 144, V, Recommendation B); and

Wuereas, The Committee for Reorganization sup-
ports this recommendation of the Board of Directors
(CW, p. 213, 24, Res. 4-43, “Size of Boards and Commis
sions,” third paragraph); therefore be it

Resolved, That the Commission on Mission and Mi=i-
try in the Church be terminated as of January 1. i: v
and that Bylaw 21)1 and all other pertinent Bylaw
references that govern this commission be rescinded

Action: Adopted (11).
To Amend Bylaw 10.31 Dealing with

Use of Certain Lists of Workers
RESOLUTION 4-12

Overture 4-66 (CW, p. 197)

Wuereas, It is advantageous for the Board of Manag-
ers to have an official list; and