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Pension Fund for Rabbis Proposed

January 26, 1924
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A pension fund for rabbis, three proposals for which were presented by Ludwig Vogelstein, chairman of the Committee on Synogogue Pension Fund, was the feature of a series of conferences of committees directing the activities of the Union of American Hebrew Congregations, held Friday in the Hotel Astor, and attended by 125 prominent Jews from all parts of the country.

The first of the three proposals suggests a fund of $1,300,000, which would provide an annuity of $2,400 to rabbis above the age of 69. The second and third suggested insurance policies whose premiums would be paid for by the congregations, the rabbis and the union and would provide annuities of $1,200 to $2,400 depending upon the rabbis. The proposals will be presented to the Executive Board of the Central Conference of American Rabbis, which meets here next Wednesday.

William Crustein, Chairman of the Board of Managers of the Department of Synogogues and School Extension, gave a general review of the accomplishments in the past year. Rabbi George Zepin, Executive Secretary submitted a report on the efforts made to spread Judaism in every hamlet where Jews reside. Twenty religious schools were either newly organized or reorganized after a period of inactivity. Forty-one small congregations were aided by visits of rabbis. Religious work among universities is on the increase, Rabbi Zepin, stated.

Sessions of the Executive Board will be held all day Sunday at the Hotel Aster. There will be a discussion of the proposed new plan of financing the union’s activities by an assessment on Synagogues expenditure of each congregation.

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