Delaware § 5577 Amount of monthly service or disability pension [For application of this section, see 79 Del. Laws, c. 315, § 10]

Delaware Statutes

§ 5577 — Amount of monthly service or disability pension [For application of this section, see 79 Del. Laws, c. 315, § 10]

Delaware § 5577

JurisdictionDelaware

Title29

PartPublic Officers and Employees

Ch. 55ACOUNTY AND MUNICIPAL PENSION PLAN

Subch.Eligibility Requirements and Benefits

This text of Delaware § 5577 (Amount of monthly service or disability pension [For application of this section, see 79 Del. Laws, c. 315, § 10]) 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, § 5577 (2026).

Text

(a)The amount of the monthly service or disability pension payable to a retired member shall be1/60of the retired member’s final average compensation multiplied by the number of years, taken to the nearest twelfth of a year, in the retired member’s period of credited service.

(b)Notwithstanding provisions of this chapter to the contrary, a member may elect to have his or her service or disability pension computed under this chapter reduced by 2% thereby providing a survivor’s pension equal to2/3of such reduced amount to the employee’s eligible survivor or survivors at the time of the employee’s death. This election must be made in a form approved by the Board, filed prior to the issuance of the employee’s first benefit check and shall be irrevocable.

(c)Notwithstanding provisions of t

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(a) The amount of the monthly service or disability pension payable to a retired member shall be1/60of the retired member’s final average compensation multiplied by the number of years, taken to the nearest twelfth of a year, in the retired member’s period of credited service.

(b) Notwithstanding provisions of this chapter to the contrary, a member may elect to have his or her service or disability pension computed under this chapter reduced by 2% thereby providing a survivor’s pension equal to2/3of such reduced amount to the employee’s eligible survivor or survivors at the time of the employee’s death. This election must be made in a form approved by the Board, filed prior to the issuance of the employee’s first benefit check and shall be irrevocable.

(c) Notwithstanding provisions of this chapter to the contrary, a member may elect to have his or her service or disability pension computed under this chapter reduced by 3% thereby providing a survivor’s pension equal to 75% of such reduced amount to the employee’s eligible survivor or survivors at the time of the employee’s death. This election must be made in a form approved by the Board, filed prior to the issuance of the employee’s first benefit check and shall be irrevocable.

(d) Notwithstanding provisions of this chapter to the contrary, a member may elect to have his or her service or disability pension computed under this chapter reduced by 6% thereby providing a survivor’s pension equal to 100% of such reduced amount to the employee’s eligible survivor or survivors at the time of the employee’s death. This election must be made in a form approved by the Board, filed prior to the issuance of the employee’s first benefit check and shall be irrevocable.