HOUSE BILL NO. 721
AS AMENDED BY HOUSE AMENDMENTS NO. 1 & 2
AN ACT TO AMEND CHAPTER 55, TITLE 29 OF THE DELAWARE CODE ENTITLED STATE EMPLOYEES PENSION PLAN AND RELATING TO EMPLOYEE CONTRIBUTIONS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Amend § 5543 of Chapter 55, Title 29 of the Delaware Code, by striking subsection (b) thereof in its entirety and substituting in lieu thereof a new subsection (b) to read as follows:
"(b) Any section of this chapter to the contrary notwithstanding, any individual with 15 years of credited service who commenced receiving a service pension of $250 or less before 1971 shall be paid his accumulated contributions with interest, provided that he would have been entitled to such payment under section 5553 as in effect on May 31, 1970."
Approved May 24, 1974.