Bill > SB52

This bill amends Delaware's laws regarding employment for state pensioners by modifying several key provisions. The bill changes language from "shall" to "may" regarding pension receipt during employment, and expands the categories of permissible employment to include substitute teachers at charter schools. It reduces the required separation of service period from 6 months to 3 months for individuals under 59½ years old before returning to work. The bill maintains the $50,000 annual earnings limit for temporary, casual, seasonal, or substitute employees during 2023 and 2024, with a penalty mechanism that reduces pension benefits by $1 for every $2 earned over the limit. Specifically, if a pensioner exceeds the $50,000 annual earnings threshold, their state pension benefit will be reduced starting the July following the calendar year in which the excess earnings occurred. This adjustment aims to provide more flexibility for retired state employees while still maintaining controls on post-retirement employment income.

Government Affairs

https://legis.delaware.gov/BillDetail?LegislationId=141827