Delaware Statutes
§ 5545 — Full actuarial funding
Delaware·Title 29·Part Public Officers and Employees·Ch. 55 State Employees’ Pension Plan·Subch. Financing and Administration
No laws establishing special pensions, whether they be service pensions, disability pensions, survivor’s pensions or otherwise, shall be enacted by the General Assembly unless, at the time of enactment, an appropriation is passed that provides full actuarial funding for such special pensions.
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Legislative History
61 Del. Laws, c. 336, § 1
Nearby Sections
15
§ 5501
Definitions§ 5502
Employment of pensioners§ 5504
Waiver of benefits§ 5505
University of Delaware§ 5520
Retirement option