DE HB429 | 2015-2016 | 148th General Assembly

Delaware House Bill 429 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on June 15 2016 - 25% progression, died in committee
Action: 2016-06-15 - Introduced and Assigned to Corrections Committee in House
Pending: House Corrections Committee
Text: Latest bill text (Draft #1) [HTML]

Summary

This bill amends the multiplier for calculation of state employee pension benefits for Correction Officers from either 1.85%, 2.0% or 2.45% to a uniform 2.5%, reflecting increased costs, reduced benefits and the need to recruit and retain qualified and competent Correction Officers with a modernized pension benefit. In addition, this bill amends the employee contribution for all Correction Officers to a uniform 7%.

Title

An Act To Amend Title 29 Of The Delaware Code Relating To Ordinary Or Disability Pensions For State Employees.

History

Date	Chamber	Action
2016-06-15	House	Introduced and Assigned to Corrections Committee in House

Delaware State Sources

Type	Source
Summary	http://legis.delaware.gov/LIS/lis148.nsf/2bede841c6272c888025698400433a04/3d6ebe0b00d1bb8e85257fcd0069fd57?OpenDocument
Text	http://legis.delaware.gov/LIS/lis148.nsf/vwLegislation/HB+429/$file/legis.html?open