CHAPTER 225

WILMINGTON

PENSION BENEFITS

AN ACT TO AMEND CHAPTER 237, VOLUME 46, LAWS OF DELAWARE ENTITLED "AN ACT PROVIDING FOR THE PAYMENT OF PENSION BENEFITS TO CERTAIN EMPLOYEES OF THE MAYOR AND COUNCIL OF WILMINGTON, FIXING AGES OF RETIREMENT, ESTABLISHING BENEFITS PAYABLE AND THE SOURCE OF PAYMENT THEREOF, PROVIDING FOR APPLICATIONS FOR PENSIONS AND THE PROCEDURE TO BE FOLLOWED WITH RESPECT THERETO, PROVIDING THAT PENSION BENEFITS SHALL BE FREE OF ATTACHMENT AND LIABILITY FOR STATE AND LOCAL INCOME TAXES AND NON-ASSIGNABLE, AND ALSO PROVIDING FOR THE REDUCTION OF BENEFITS UNDER CERTAIN CONDITIONS," BY REDUCING THE PERIOD OF SERVICE FOR VOLUNTARY RETIREMENT FROM THIRTY-FIVE YEARS TO THIRTY YEARS.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met (two-thirds of all the Members elected to each Branch thereof concurring therein):

Section 1. That Section 2 of Chapter 237, Volume 46, Laws of Delaware, be and the same is hereby amended by striking out the words "thirty-five" in the fourth line of said section, and inserting in lieu thereof the word "thirty."

Approved June 8, 1949.