CHAPTER 143
FORMERLY
HOUSE BILL NO. 269
AN ACT TO AMEND TITLE 11 OF THE DELAWARE CODE RELATING TO COUNTY AND MUNICIPAL POLICE/FIREFIGHTER PENSION PLAN.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE :
Section 1. Amend § 8813(a)(3), Title 11 of the Delaware Code, by striking the number “25” and substituting in lieu thereof the number “20”.
Section 2. Amend § 8841, Title 11 of the Delaware Code by striking said subsection in its entirety and substituting in lieu thereof a new subsection to read as follows:
Ҥ 8841. Member Contributions.
Effective January 1, 2000, member contributions to the fund shall be 5% of monthly compensation for members covered under the Federal Social Security Act (41 U.S.C., § 301, et. Seq.) and 7% of monthly compensation for members not covered under the Federal Social Security Act (42 U.S.C., § 301, et. seq.). Members shall contribute to the Fund during 20 years of credited service.”.