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HOUSE OF REPRESENTATIVES
Committee Report

Legislation:SB 284
Sponsor:Cook
Long Title:AN ACT TO AMEND TITLES 11, 16, AND 29 OF THE DELAWARE CODE MAKING TECHNICAL CHANGES TO STATUTES OF THE PENSION PLANS ADMINISTERED BY THE DELAWARE PUBLIC EMPLOYEES RETIREMENT SYSTEM PURSUANT TO INTERNAL REVENUE CODE PROVISIONS GOVERNING GOVERNMENTAL PENSION PLANS.
Committee:LABOR
Number of Committee Members:9
Date of Report:06/25/2008
Committee Vote:Favorable:On Its Merits:Unfavorable:
060

Purpose of the Bill : This Bill contains technical changes to the pension plans administered by the Delaware Public Employees’ Retirement system to ensure the plans will remain qualified under the Internal Revenue Code.



Committee Findings: No major concerns were raised.

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