Skip to content

An Act to Amend Title 29 of the Delaware Code Relating to the State Employees’ Pension Plan.

Introduced: it can still change before the session ends.

DE SB 95 · Senate Bill · 149

Stage
Introduced
Started in
Senate
Sponsors
24
Latest action
Apr 24, 2018

What it does

This bill establishes a 20 year retirement for correction officers and specified peace officers within the State Employees’ Pension plan. The bill amends the multiplier prospectively for the calculation of pension benefits for correction officers and specified peace officers. For service prior to January 1, 2018 the multipliers of either 1.85%, 2.0% or 2.45% would continue to be in effect and then for years of service after January 1, 2018 a uniform multiplier of 2.5% for the first 20 years, plus 3.5% for years beyond 20 years. In addition, this bill amends the employee contribution for all correction officers and specified peace officers to a uniform 7%.

Read the full text

Where it stands

  1. Introduced (Current step)

    Introduced · Apr 24, 2018

  2. Committee (Not started)

  3. Floor (Not started)

  4. Law (Not started)

What moved

Loading recorded actions…

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

While a bill can still move, the questions are about people and money in Delaware.

Work with this bill

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE STATE EMPLOYEES’ PENSION PLAN. | 52