Monday, May. 03, 1926
Pensions
The present week the Presbyterian Laymen's Committee, with onetime (1921-22) Postmaster General Will H. Hays as chairman and Secretary Andrew W. Mellon as treasurer, will be soliciting "as limited a list as possible" for $15,000,000 to put the Presbyterian Ministers' Retirement Plan in operation. The enterprise has the cooperation of many a millionaire, such as Dwight W. Morrow, Alba B. Johnson.
This great fund, will assure every worker in the church annually a sufficient sum to live on. Widows will get one-half the husband's pension, with a minimum of $300; orphans $100 each until they reach 21 years.