§ 5545 — Full actuarial funding

Delaware § 5545

• Jurisdiction: Delaware
• Title: 29
• Part: Public Officers and Employees
• Ch. 55: State Employees’ Pension Plan
• Subch.: Financing and Administration

Text

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.

Legislative History

61 Del. Laws, c. 336, § 1