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State of Delaware Office of Pensions

Diamond State Port Corporation Pension Plan - Early Retirement


EARLY RETIREMENT (Plan 3 & B)

You may retire with a reduced service pension if you have reached age 55 and have at least five (5) years of pension credited service. However, in order to reflect the longer period of time over which payments will be made, your pension is the regular service pension calculation, reduced by 0.4% for each month you are under age 65 when you retire.

EARLY RETIREMENT (Plan 2)

You may retire with a reduced service pension if you have reached age 60 and have at least five (5) years of pension credited service. However, in order to reflect the longer period of time over which payments will be made, your pension is the regular service pension calculation, reduced by 0.4% for each month you are under age 65 when you retire.

Rule of 90

You may retire if the total years of pension credited service, plus your age, not less than age 55, is 90 or more.

Newsletter Retiree/Active Member Newsletter
Retiree Member Login Retiree Member Login (my.delaware.gov)
State Employees' Pension Summary Plan Image State Employees' Pension Summary Plan Description
Customer Service Survey Customer Service Survey

Next payment date for Pensioners

Complete payment date list

Image of Calculator Pension Calculators

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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
SLC 570A
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