For more information, see State Employees’ Pension Summary Plan Description
If you are a member of the State Employees’ Pension Plan you are eligible to receive a pension from the State of Delaware with the following combinations of years of pension creditable service and age:

Employees initially hired prior to January 1, 2012 (A001):

SERVICE PENSION
Five (5) years credited service (must have five (5) consecutive years of credited service) and has attained age 62;
Fifteen (15) years of credited service (must have five (5) consecutive years of credited service) and has attained age 60;
Thirty (30) years of credited service (must have five (5) consecutive years of credited service) regardless of age.

REDUCED PENSION
Fifteen (15) years of credited service (must have five (5) consecutive years of credited service) and has attained age 55;
Reduced by 2/10 percent for each month the employee is under age 60;
Twenty-five (25) years of credited service (must have five (5) consecutive years of credited service),
Reduced by 2/10 percent for each month the employee has less than 30 years.

VESTED PENSION
Five (5) consecutive years of credited service and has attained age 62 or,
Twenty (20) years of credited service, which includes service prior to July 1, 1976 (must have five (5) consecutive years of credited service) and has attained age 60.
Five (5) years of credited service (must have five (5) consecutive years of credited service) and develops a physical or mental disability which prevents the employee from performing the duties of the employee’s position.
Only employees who, prior to 12/15/2005, opted out of the Disability Insurance Program are eligible to apply for a Disability Pension. Any disability pensioner who has not attained age 60 shall annually report the total earnings from any gainful occupation.

Employees initially hired after December 31, 2011 (A002):

SERVICE PENSION
Ten (10) years credited service (must have five (5) consecutive years of credited service) and has attained age 65;
Twenty (20) years of credited service (must have five (5) consecutive years of credited service) and has attained age 60;
Thirty (30) years of credited service (must have five (5) consecutive years of credited service) regardless of age.

REDUCED PENSION
Fifteen (15) years of credited service (must have five (5) consecutive years of credited service) and has attained age 55
Reduced by 4/10 percent for each month the employee is under age 60;
Twenty-five (25) years of credited service (must have five (5) consecutive years of credited service)
Reduced by 4/10 percent for each month the employee has less than 30 years;

VESTED PENSION
Ten (10) years credited service (must have five (5) consecutive years of credited service) and has attained age 65;

No. There is no mandatory retirement age.