DelawareSome state pensions would rise if Delaware lawmakers fund increases
State pensions that began by June 2020, and survivor payments based on them, would rise 2% or 3% if lawmakers set aside money.
What it does
State retirement or disability pensions that began by June 30, 2005, and related survivor payments would rise 3% starting July 1, 2025, if payable that day and funded by lawmakers.
State retirement or disability pensions that began after June 30, 2005, and by June 30, 2020, and related survivor payments would rise 2% starting July 1, 2025, if payable that day and funded by lawmakers.
Argument forIf lawmakers fund the increases, eligible retirees and survivors could have more money each month to pay their bills.
Argument againstPeople whose pensions began after June 30, 2020, might see no increase from this proposal, even if lawmakers fund it.
More detail
The bill would raise covered monthly pensions by 3%. It covers state employee retirement or disability pensions that began on or before June 30, 2005, and survivor pensions based on them. The payment must be payable on July 1, 2025. Lawmakers must set aside money for the increase. The increase would start July 1, 2025, and continue through June 30, 2026, and later budget years if funded.
The bill would raise covered monthly pensions by 2%. It covers state employee retirement or disability pensions that began after June 30, 2005, and on or before June 30, 2020, and survivor pensions based on them. The payment must be payable on July 1, 2025. Lawmakers must set aside money for the increase. The increase would start July 1, 2025, and continue through June 30, 2026, and later budget years if funded.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 20Assigned to Appropriations Committee in HouseLatest
- Jun 18Reported Out of Committee (Administration) in House with 4 On Its Merits, 1 UnfavorableMinor
- Jun 5Introduced and Assigned to Administration Committee in HouseIntroduced
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