Bill Text: DE HB430 | 2015-2016 | 148th General Assembly | Draft
Bill Title: An Act To Amend Title 29 Of The Delaware Code Relating To Pensions.
Sponsorship: Partisan Bill (Democrat 2)
Status: (Introduced - Dead) 2016-06-23 - Reported Out of Committee (CORRECTIONS) in House with 2 Favorable, 3 On Its Merits [HB430 Detail]
Download: Delaware-2015-HB430-Draft.html
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SPONSOR: |
Rep. J. Johnson & Sen. Ennis |
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HOUSE OF REPRESENTATIVES 148th GENERAL ASSEMBLY |
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HOUSE BILL NO. 430 |
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AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO PENSIONS. |
Section 1. Amend Section 5522, Title 29 of the Delaware Code by making deletions as shown by strike through and insertions as shown by underline as follows:
� 5522. Eligibility for service pension [Effective Jan. 1, 2017]
(a) An employee shall become eligible to receive a service pension, beginning with the month after the employee has terminated employment, if:
(5) The employee has 25 years of credited service,
exclusive of service credited under §5501(e)(4), (5) and (12) of this title,
regardless of age, and is a correction officer Department of
Correction employee. The employee must have 20 years of credited service as
a correction officer.
Section 2.This Act shall take effect on January 1, 2017.
SYNOPSIS
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This bill clarifies that a Department of Corrections employee who has served for 25 years with at least 20 years as a correction officer is eligible to retire at 25 years. |
