PERMITTING WAIVER OF PENSION BENEFITS
AN ACT TO AMEND TITLE 29, DELAWARE CODE, ENTITLED "STATE GOVERNMENT" TO PERMIT THE WAIVER OF PENSION BENEFITS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Chapter 55, Title 29, Delaware Code is amended by adding a new section thereto as follows:
§ 5510. Waiver of benefits
Any person entitled to any pension under this chapter may decline to accept all or any part of such pension by a waiver signed and filed with the State Treasurer. Such waiver may be revoked in writing at any time, but no payment of the pension waived shall be made covering the period during which such waiver was in effect.
Approved May 3, 1957.