Delaware § 8364 Vested rights; cancellation of service credits

Delaware Statutes

§ 8364 — Vested rights; cancellation of service credits

Delaware·Title 11·Part Law-Enforcement Administration·Ch. 83 STATE POLICE·Subch. Service, Disability and Survivor’s Pensions

(a)A member who has 10 years of credited service shall have a vested right to a service pension.

(b)If a member who has less than 10 years of credited service ceases to be an employee, the member’s service credits to the date of termination shall be cancelled unless:

(1)The member again becomes an employee within 4 months after such cessation of employment; or

(2)The member subsequently acquires 5 years of credited service; or

(3)The member has joined the state employees’ pension system; and provided that if the member has withdrawn contributions the member repays with interest at a rate determined by the Board.

(c)For purposes of this section, credited service shall include any period during which a member is receiving a disability pension as provided by this subchapter.

(d)A

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(a) A member who has 10 years of credited service shall have a vested right to a service pension.

(b) If a member who has less than 10 years of credited service ceases to be an employee, the member’s service credits to the date of termination shall be cancelled unless:

(1) The member again becomes an employee within 4 months after such cessation of employment; or

(2) The member subsequently acquires 5 years of credited service; or

(3) The member has joined the state employees’ pension system; and provided that if the member has withdrawn contributions the member repays with interest at a rate determined by the Board.

(c) For purposes of this section, credited service shall include any period during which a member is receiving a disability pension as provided by this subchapter.

(d) A former employee’s vested right shall be forfeited upon application for a refund of accumulated contributions.

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