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An Act to Amend Title 29 of the Delaware Code Relating to Service Pensions for Certain State Employees.

Introduced: it can still change before the session ends.

DE SB 22 · Senate Bill · 149

Stage
Introduced
Started in
Senate
Sponsors
+20
Latest action
Oct 5, 2018

What it does

This bill establishes a 20 year retirement for correction officers and specified peace officers. The bill amends the multiplier for calculation of state employee pension benefits for correction officers and specified peace officers from either 1.85%, 2.0% or 2.45% to a uniform 2.5% for the first 20 years, plus 3.5% for years beyond 20 years. The increased multipliers reflect increased costs, reduced benefits and the need to recruit and retain qualified and competent correction officers and specified peace officers with a modernized pension benefit. In addition, this bill amends the employee contribution for all correction officers and specified peace officers to a uniform 7%. Specified…

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Where it stands

  1. Introduced (Current step)

    Introduced · Oct 5, 2018

  2. Committee (Not started)

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

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

In the news

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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 SERVICE PENSIONS FOR CERTAIN STATE EMPLOYEES. | 52