Bill Text: DE HB266 | 2015-2016 | 148th General Assembly | Draft


Bill Title: An Act To Amend Title 29 Of The Delaware Code Relating To State Employees' Group Life Insurance.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2016-03-03 - Introduced and Assigned to House Administration Committee in House [HB266 Detail]

Download: Delaware-2015-HB266-Draft.html


SPONSOR:

Rep. Miro & Sen. Peterson & Sen. Cloutier & Rep. Heffernan;

 

Reps. Kenton, Carson; Sen. Ennis

HOUSE OF REPRESENTATIVES

148th GENERAL ASSEMBLY

HOUSE BILL NO. 266

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO STATE EMPLOYEES' GROUP LIFE INSURANCE.


BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:


Section 1.Amend §5546(a), Title 29, Delaware Code by making deletions as shown by strike through and insertions as shown by underline as follows:

(a) Upon the death of an individual receiving a pension under this chapter the sum of$7,000$10,000 shall be paid from the Fund to a designated beneficiary or in the absence of a designated beneficiary the amount of this benefit shall be paid to the deceased pensioner's estate.

(b) The benefit granted under this section shall not be construed as a contractual obligation of the State or of the Pension Fund and may be revised or terminated by an act of the General Assembly.

(c) Benefits granted under this section may be assigned to a licensed funeral home to cover the funeral and associated expenses of the deceased pensioner, subject to the signed consent of the beneficiary or his or her legal guardian using a form approved for such use by the Board of Pension Trustees.


SYNOPSIS

This bill increases the state employees' pension plan group life insurance benefit from $7,000 to $10,000.This benefit has not been changed since July 2001.

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