DE SB240 | 2013-2014 | 147th General Assembly
Status
Spectrum: Bipartisan Bill
Status: Engrossed on June 30 2014 - 50% progression, died in chamber
Action: 2014-06-30 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Text: Latest bill text (Draft #1) [HTML]
Status: Engrossed on June 30 2014 - 50% progression, died in chamber
Action: 2014-06-30 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Text: Latest bill text (Draft #1) [HTML]
Summary
This bill clarifies that a participating volunteer fire company or ladies auxiliary in the Delaware Volunteer Firemen’s Pension Plan has the ability to withdraw from the plan. As part of that withdrawal process the company or auxiliary would pay a withdrawal liability payment that would be used to pay the retirement benefits of their member’s accrued benefits and ensure the actuarial soundness of the Fund for the remaining Employers.
Title
An Act To Amend Title 16 Of The Delaware Code Relating To The Volunteer Firemen’s Pension Plan.
Sponsors
Roll Calls
2014-06-30 - Senate - Senate Third Reading (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2014-06-30 | Senate | Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT |
| 2014-06-26 | Senate | Reported Out of Committee (FINANCE) in Senate with 1 Favorable, 3 On Its Merits |
| 2014-06-05 | Senate | Assigned to Finance Committee in Senate |
