HB207 amends Delaware pension laws to increase pensions for retired state employees.
HB207 amends Title 29 of the Delaware Code to increase pensions for retired state employees. Specifically, it raises monthly service, disability, and survivor pensions by 3% for those effective on or before June 30, 2005, and by 2% for those effective between July 1, 2005, and June 30, 2020. These increases will be effective July 1, 2025, and will continue annually if funds are appropriated.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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