AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE STATE EMPLOYEES’ PENSION PLAN.
SB 154 modifies Delaware's state employee pension plan; became law with overwhelming bipartisan support and minimal opposition.
SB 154 modifies Delaware's state employee pension plan; became law with overwhelming bipartisan support and minimal opposition.
SB 154 amends Delaware's state employees' pension plan under Title 29 of the Delaware Code. The bill has passed both chambers and been signed into law, though the specific amendments are not detailed in the provided legislative action summary.
Pension plan modifications directly affect retirement security for thousands of state employees and can have significant long-term fiscal impacts on Delaware's budget. Changes to pension structures, contribution rates, benefit calculations, or eligibility requirements influence both current workers' financial planning and the state's unfunded liability obligations.
Compiled from official sources — confirm details with the bill’s official record.
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