29 Del. C. § 5592: Employer contributions.
Where this section sits in the code
- Title 29. State Government
- Public Officers and Employees
- CHAPTER 55A. County and Municipal Pension Plan
- Subchapter III. Financing and Administration
The contribution of an employer for each fiscal year shall be the percentage of covered payroll approved by the Board on the basis of the most recent actuarial valuation, and shall equal:
(1) The normal cost; plus
(2) Adjustments for actuarial gains and losses or increases in benefits adopted on or subsequent to participation; plus
(3) Administrative costs.
Collected 2026-09-05T23:02:33Z. Source file · JSON