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DelawareHB 192153rd General Assembly (2024–2026)HouseWALLET

AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO SPECIAL FUNDS.

Sponsored By: Michael F. Smith (Republican)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Biennial payments and limits for police and firefighter retirees

If a county or city does not submit its own plan, the Board sends payments from the fund every two years. By July 1, the Board sets the total to pay and must leave at least $500,000 in the fund. To get a payment, you must have retired before June 30, 2025, be a surviving beneficiary, or be on a disability pension, and be alive on July 1. Categories are based on time since retirement: 20+ years (and survivors/disability), 10 to under 20, and under 10. Category 3 can get up to $3,000 each; Category 2 gets twice that; Category 1 gets three times that. No payment goes to anyone with an annual pension over $55,000. Counties and cities must pay eligible people within 30 days after they receive the funds.

New fund for police and firefighter retiree raises

Delaware creates a special fund for post‑retirement raises for county and city police and firefighters. Payments the state receives that are labeled for state police go into this fund. The Board of Pension Trustees manages the fund and must approve any payout. Money is allocated per person to counties or cities that joined the State police/fire pension plan for all new hires. A county or city must deposit 25% of the actuarial cost before an increase takes effect. Any money not used for a raise within 10 years goes back to the State General Fund.

Sponsors & Cosponsors

Sponsor

  • Michael F. Smith

    Republican • House

Cosponsors

  • Eric Buckson

    Republican • Senate

  • Timothy D. Dukes

    Republican • House

  • Ronald E. Gray

    Republican • House

  • Gerald W. Hocker

    Republican • Senate

  • Dave G. Lawson

    Republican • Senate

  • Spiros Mantzavinos

    Democratic • Senate

  • Shannon Morris

    Republican • House

  • Brian Pettyjohn

    Republican • Senate

  • Bryant L. Richardson

    Republican • Senate

  • Ray Seigfried

    Democratic • Senate

  • John "Jack" Walsh

    Democratic • Senate

  • David L. Wilson

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 61 • No: 0

Senate vote • 7/1/2025

Passed (2/3 required)

Yes: 21 • No: 0

House vote • 6/24/2025

Passed (2/3 required)

Yes: 40 • No: 0

Actions Timeline

  1. Signed by Governor

    7/1/2025Governor

  2. Passed By Senate. Votes: 21 YES

    6/30/2025Senate

  3. Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 2 Favorable, 4 On Its Merits

    6/25/2025Senate

  4. Assigned to Banking, Business, Insurance & Technology Committee in Senate

    6/24/2025Senate

  5. Passed By House. Votes: 40 YES 1 VACANT

    6/24/2025House

  6. Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 2 Favorable, 7 On Its Merits

    6/17/2025House

  7. Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House

    6/5/2025House

Bill Text

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