SENATE BILL NO. 195
AN ACT TO EMPOWER KENT COUNTY LEVY COURT TO ADOPT BY ORDINANCE A PENSION PLAN.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend Chapter 43, Title 9 of the Delaware Code, by adding a new subpart II to read as follows:
" SUBPART II. ENACTMENT OF PENSION PLAN BY ORDINANCE
§4323. Pension Plan for County Employees
(a) The County Government shall, by ordinance, establish a funded pension program for Kent County employees upon such terms and conditions as it shall deem necessary and best.
(b) The County Government shall take no action hereunder which shall deny or reduce benefits to former employees, retired employees, or vested current employees who have qualified for benefits under any prior authorized pension program.
(c) At such time as the County Government has by ordinance adopted such pension program, §4302 through §4322 shall be repealed."
Approved July 10, 1987