Delaware § 6660 Withdrawal benefit

Delaware Statutes

§ 6660 — Withdrawal benefit

Delaware·Title 16·Part Safety·Ch. 66A Delaware Volunteer Firemen’s Pension Plan

(a)Upon the withdrawal from service of a member who is not eligible to receive a pension and does not have a vested right to a pension, the member’s accumulated contributions with interest shall be paid to the member’s employer for final disposition.

(b)Upon the withdrawal from service of a member who is not eligible to receive a pension but has a vested right to a pension, the member’s accumulated contributions with interest shall be paid to such member.

(c)If an individual ceases to be a member the individual’s service credits to the date of termination shall be cancelled, but shall be restored if the individual again becomes a member provided that if the individual has withdrawn the individual’s own contributions the individual repays them with interest at a rate determined by the

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(a) Upon the withdrawal from service of a member who is not eligible to receive a pension and does not have a vested right to a pension, the member’s accumulated contributions with interest shall be paid to the member’s employer for final disposition.

(b) Upon the withdrawal from service of a member who is not eligible to receive a pension but has a vested right to a pension, the member’s accumulated contributions with interest shall be paid to such member.

(c) If an individual ceases to be a member the individual’s service credits to the date of termination shall be cancelled, but shall be restored if the individual again becomes a member provided that if the individual has withdrawn the individual’s own contributions the individual repays them with interest at a rate determined by the Board.

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