Delaware § 5533 Adjustment of benefits

Delaware Statutes

§ 5533 — Adjustment of benefits

Delaware § 5533

JurisdictionDelaware

Title29

PartPublic Officers and Employees

Ch. 55State Employees’ Pension Plan

Subch.Eligibility Requirements and Benefits

This text of Delaware § 5533 (Adjustment of benefits) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 29, § 5533 (2026).

Text

(a)On and after July 1, 1972, no pension which has been in effect for 3 years shall be subject to adjustment.

(b)The amount of any pension which became effective before 1971 shall be the greater of:

(1)The monthly pension paid in December, 1970;

(2)The correct amount determined as a result of audits made between May, 1971, and June, 1972, inclusive of any increases provided before 1972.

(c)Any pension overpayments discovered as a result of audits made between May, 1971, and June, 1972, shall not be subject to recovery.

(d)If the final average compensation of an employee has been reduced because of a leave of absence resulting from presidential determinations to augment active forces, such employee shall have their final average compensation adjusted by their amount of military c

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(a) On and after July 1, 1972, no pension which has been in effect for 3 years shall be subject to adjustment.

(b) The amount of any pension which became effective before 1971 shall be the greater of:

(1) The monthly pension paid in December, 1970;

(2) The correct amount determined as a result of audits made between May, 1971, and June, 1972, inclusive of any increases provided before 1972.

(c) Any pension overpayments discovered as a result of audits made between May, 1971, and June, 1972, shall not be subject to recovery.

(d) If the final average compensation of an employee has been reduced because of a leave of absence resulting from presidential determinations to augment active forces, such employee shall have their final average compensation adjusted by their amount of military compensation. This adjustment will be no greater then what the employee would have received had they remained in employment for the period of leave. The employee will contribute 3% of the amount that was adjusted. Any remaining cost associated with the adjustment will be transferred from the Special Pension Fund authorized by 61 Del. Laws, c. 455.

(e) Any reduction in a state employee’s salary, mandated as part of the Fiscal Year 2010 Annual Appropriations Act [77 Del. Laws, c. 84] and implemented during Fiscal Year 2010, shall not be used when computing an employee’s final average compensation. Rather, the state employee’s base salary as of June 30, 2009, shall be used in calculating the employee’s final average compensation as defined in § 5501(g) of this title.

Legislative History

29 Del. C. 1953, § 5533; 58 Del. Laws, c. 527, § 1E ; 59 Del. Laws, c. 457, § 1 ; 74 Del. Laws, c. 189, § 1 ; 77 Del. Laws, c. 84, § 85 ; 79 Del. Laws, c. 174, § 1