SENATE BILL NO. 470
AS AMENDED BY SENATE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 55, TITLE 29, DELAWARE CODE, RELATIVE TO THE COMPUTATION OF PENSIONS AND THE DEFINITION OF WHAT CONSTITUTES AN EMPLOYEE.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §5501(a)(1)(b), Chapter 55, Title 29, Delaware Code, by striking the phrase "; or" and substituting in lieu thereof the following:
", the Wilmington Federal Credit Union; or".
Section 2. Amend §5501(d), Chapter 55, Title 29, Delaware Code, by adding a sentence to the end of said subsection to read as follows:
"Teachers who receive awards under the 'Teacher of the Year program under 0903, Chapter 89, Title 14, Delaware Code and Merit System employees who receive awards under the 'Delaware Award for Excellence and Commitment in State Service' program shall have added to their compensation the dollar amount of such awards, granted during their employment, in determining the final average compensation to be used in the computation of their pension."
Section 3. The effective date of Section 2 of this Act shall be February 8, 1990.
Approved July 20, 1990.