Delaware Code Title 11 Sec. 8364 – Vested rights; cancellation of service credits
(a) A member who has 10 years of credited service shall have a vested right to a service pension.
Terms Used In Delaware Code Title 11 Sec. 8364
- State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302
(b) If a member who has less than 10 years of credited service ceases to be an employee, the member’s service credits to the date of termination shall be cancelled unless:
(1) The member again becomes an employee within 4 months after such cessation of employment; or
(2) The member subsequently acquires 5 years of credited service; or
(3) The member has joined the state employees’ pension system; and provided that if the member has withdrawn contributions the member repays with interest at a rate determined by the Board.
(c) For purposes of this section, credited service shall include any period during which a member is receiving a disability pension as provided by this subchapter.
(d) A former employee’s vested right shall be forfeited upon application for a refund of accumulated contributions.
62 Del. Laws, c. 361, § ?1; 67 Del. Laws, c. 86, § ?12; 70 Del. Laws, c. 186, § ?1;