Delaware Code Title 29 Sec. 5573 – Vested right to service pension
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(a) A member who has 5 years of credited service shall have a vested right to a pension.
Terms Used In Delaware Code Title 29 Sec. 5573
- Credited service: shall mean , for any individual:
- Inactive member: shall mean a member who:
- Member: shall mean a person who is an employee on or after the date the employer affiliates with the Fund. See Delaware Code Title 29 Sec. 5551
(b) An inactive member‘s vested right shall be forfeited upon an application for a refund of the member’s accumulated contributions and cancellation of membership.
62 Del. Laws, c. 398, § ?1; 68 Del. Laws, c. 364, § ?2; 70 Del. Laws, c. 186, § ?1;