CHAPTER 443

FORMERLY

SENATE BILL NO. 479

AN ACT TO AMEND CHAPTER 56, TITLE 29, DELAWARE CODE, TO PROVIDE POST-RETIREMENT INCREASES TO RETIRED MEMBERS AND SURVIVORS OF THE STATE JUDICIARY RETIREMENT PLAN.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend Section 5615, Chapter 56, Title 29, Delaware Code by striking the words "revised plan" as they appear in said section and substituting in lieu thereof the words "revised and closed plans".

Section 2. Amend Chapter 56, Title 29, Delaware Code by adding a new Section 5617 to read as follows:

"§5617. Increases in Pensions

Any monthly service or disability pension which became effective before January 1, 1979, and is payable on the date this subsection is enacted into law and any survivor pension based on a former service or disability pension that was effective prior to January 1, 1979, shall be increased effective July 1, 1982, in accordance with the following schedule:

Year Service or Disability Percent Increase in

Pension Become Effective Pension Effective 7/1/82

Prior to 1971 31%

1971 21%

1972 19%

1973 19%

1974 16%

1975 10%

After 1974 5%"

Approved July 23, 1982.