There shall be established a State Police Retirement Fund, hereinafter referred to as the “Fund,” separate and distinct from the Fund established under subchapter II of this chapter, to which state appropriations and other employer contributions shall be deposited monthly, and to which member contributions shall be deposited upon deduction from the member's paycheck, and to which earnings on investments, refunds and reimbursements shall be deposited upon receipt, and from which benefits shall be paid and fees and expenses authorized by the Board shall be paid. Subject to Internal Revenue Code § 401(a)(24) [26 U.S.C. § 401(a)(24)], the assets of the Fund will be commingled in the Delaware Public Employees' Retirement System as provided for by § 8308 of this title. The assets of the Fund are held in trust and may not be used for or diverted to any purpose other than for the exclusive benefit of the employees and their beneficiaries.
Structure Delaware Code
Title 11 - Crimes and Criminal Procedure
Subchapter III. Service, Disability and Survivor’s Pensions
§ 8352. Employment of pensioners.
§ 8353. Attachment and assignment of benefits.
§ 8354. Powers and duties of the Board.
§ 8363. Eligibility for service pension.
§ 8364. Vested rights; cancellation of service credits.
§ 8365. Eligibility for disability pension.
§ 8366. Payment of service pension.
§ 8367. Payment of disability pension.
§ 8369. Amount of unified service, disability or survivor pension.
§ 8370. Amount of duty-connected disability pension.
§ 8371. Amount of ordinary disability pension.
§ 8375. Adjustment of benefits.
§ 8376. Application for benefits.
§ 8377. Dual membership prohibited.
§ 8392. Actuarial valuations and appropriations.
§ 8393. Establishment of Fund.