Delaware Code § 29-5310

Amount of service or disability pension
Open in Lexace · Ask the AI about this section
(a) The amount of the monthly service or disability pension payable to a former employee shall be computed in accordance with the
provisions of § 5527(a)-(f) of this title except that 5 years shall be added to the former employee's credited service for purposes of
calculating the amount of the monthly pension.
(b) The amount of monthly pension payable to a former employee for the first 3 months of retirement shall be double the amount
calculated in subsection (a) of this section, but in no case shall such amount exceed 100% of the former employee's final compensation
in the last month of actual employment. Thereafter, the monthly pension payable shall be the amount calculated pursuant to subsection
(a) of this section.
(c) Individuals eligible for the early retirement option and whose pensions are effective prior to the dates specified in § 5301(d) of this
title shall have their pensions computed in accordance with the provisions of § 5527(a)-(f) of this title without taking into consideration
subsections (a) and (b) of this section until such time as they would have terminated in accordance with § 5301(d) of this title. Then,
beginning with the month that their pensions would have been effective had they terminated in accordance with § 5301(d) of this title,
their pensions shall be adjusted in accordance with subsections (a) and (b) of this section.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.