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State of Delaware Office of Pensions

Newsroom Archives

Archived 2012 News

MEDCO'S NAME IS CHANGING TO EXPRESS SCRIPTS

Medco Health Solutions, Inc. became part of the Express Scripts family earlier this year, and the combined company will now be known as Express Scripts. Beginning September 1, 2012, you will see the Express Scripts name and logo on communications, but you may also continue to see the Medco name on some communications until the renaming process is completed.


IMPORTANT! Your prescription benefits have not changed!

  • Your prescription plan, formulary and retail pharmacy network remain the same, including Walgreen's.
  • Continue to refill your prescriptions using your current Medco prescription drug ID card, and continue to use Medco's website at www.medco.com and the Medco toll-free telephone number on your ID card.
  • The Medco Pharmacy mail order service and the Accredo specialty medication mail order service will not show a name change on September 1, but are likely to change in the future.

See the FAQ for more information.

OPEN ENROLLMENT INFORMATION FOR STATE OF DELAWARE PENSIONERS

Detailed information regarding your health, dental, vision and prescription benefits is now available in the 2012 Open Enrollment Booklet. Click here to access the booklet. Click here to download a "print friendly" version of the booklet.

DISABILITY PENSIONER'S REPORT OF EARNINGS MAILED

Form RE-1, Disability Pensioner's Report of Earnings, was mailed on 2/15/12. Completed forms are due back to our office by 4/30/12.

ACTIVE EMPLOYEE ANNUAL STATEMENTS MAILED

Active employee annual statements for calendar year 2011 were mailed on February 14, 2012.

POST-RETIREMENT BENEFIT INCREASE

Effective January 1, 2012, there will be a Post Retirement Increase of 2% for retired State Employees, retired Judges, retired New State Police and retired County and Municipal Police/Firefighters (not the Closed State Police plan) whose effective date of retirement was on or before June 30, 2010. This will be reflected in the monthly pension benefit payments beginning January 31, 2012.

The Closed State Police Post Retirement Increase is 2.07% and will be included in the July 29, 2011 benefit payment.

For additional information please see our July 2011 Retiree Newsletter.

YOUR TAX FORM 1099R, 1099M and/or W-2 WAS MAILED ON JANUARY 18, 2012

Tax Withholding Election Form:
Please review your State of Delaware pension benefit tax withholding election. In the event that you wish to change your current tax withholding, you may print from our website the Tax Withholding Election (TWE) form for submission to our office.

* Only submit this form if you wish to make a change.

SENATE BILL 30 (CIVIL UNION)

Civil Union and Equality Act of 2011 (also known as Senate Bill 30) becomes effective January 1, 2012 at 10:00 a.m. This new law gives parties to a civil union the same rights, benefits, protections annd responsibilities as a married person under Delaware Law. Members of the Delaware Public Employees' Retirement System who have entered into a civil union will have survivor pension rights as well as health,dental, and vision coverage for the civil union spouse.

See Frequently Asked Questions for more information.

If you are interested in attending an information session pertaining to the Civil Union and Equality Act of 2011, click here for times and locations of upcoming sessions.

For more information about Civil Unions, click here.

Pre-Retirement Workshops


Check back in the fall for workshop dates and times.
State of Delaware Office of Pensions
McArdle Building, 860 Silver Lake Blvd., Suite #1
Dover, DE 19904-2402
Toll Free: (800) 722-7300, Local: (302) 739-4208

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