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DE SB31

DE SB31
An Act To Amend Title 29 Of The Delaware Code Relating To Retired State Employee Pension Plan Burial Benefits.


summary

Introduced
01/03/2025
In Committee
03/12/2025
Crossed Over
Passed
Dead

Introduced Session

153rd General Assembly

Bill Summary

An Act To Amend Title 29 Of The Delaware Code Relating To Retired State Employee Pension Plan Burial Benefits.

AI Summary

This bill amends the Delaware State Employees Pension Plan burial benefits provision by increasing the burial benefit from $7,000 to $10,000 for retired state employees. The legislation updates the existing law to provide a larger financial benefit to the designated beneficiary or estate of a deceased pensioner, with the increase reflecting the first modification to this benefit since 2001. The bill specifies that the updated burial benefit amount must be paid from the pension Fund either to a designated beneficiary or, if no beneficiary is specified, to the deceased pensioner's estate. The changes will take effect on October 1, 2025, giving state administrators time to prepare for the implementation of the new benefit amount.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (12)

Last Action

Assigned to Finance Committee in Senate (on 03/12/2025)

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