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The Magazine of The Evangelical Lutheran Church in America

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Pension board to raise interest crediting rates for retirees

The ELCA Board of Pensions trustees unanimously recommended that interest crediting rates for retirees be increased for 1998, up to 6.5 for bonds and 9.4 for balanced funds. Both the bond and balanced fund reserves--which provide retiree income--will be credited at a higher rate of earnings than earlier projected.


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August issue

AUGUST issue:

Advice for evangelism

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