Delaware General Assembly

PWB 3/8/18

The General Assembly has ended, the current status is the final status.

SB 95 -SA 1, SA 2

3/8/18

Ennis

This Amendment retains the current 25 years eligibility for retirement and amends the multiplier for the calculation of state employee pension benefits for correctional officers from either 1.85%, 2.0%, or 2.45% to a uniform 2.5% for years up to 20 years, and 3.5% for years 20 and beyond. The increased multipliers reflect increased costs, reduced benefits, and the need to recruit and retain qualified and competent correction officers with a modernized pension benefit.

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