HOUSE BILL NO. 744
AN ACT TO AMEND CHAPTER 55, TITLE 29, DELAWARE CODE, TO REQUIRE FULL ACTUARIAL FUNDING FOR ANY LAW ESTABLISHING SPECIAL PENSION BENEFITS.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend Chapter 55, Title 29, Delaware Code by adding thereto a new Section 5545 to read as follows:
§5545. Full Actuarial Funding
No laws establishing special pensions, whether they be service pensions, disability pensions, survivor's pensions,
or otherwise, shall be enacted by the General Assembly . unless, at the time of enactment, an appropriation is passed that provides full actuarial funding for said special ' pensions."
Approved June 20, 1978.