Listen to this page using ReadSpeaker
Delaware.gov logo

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.

Pre-Retirement Workshops


New Castle County
No workshops at this time.


Kent County
No workshops at this time.


Sussex County
No workshops at this time.

Learn More
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

Home | Contact | Site Map | Translate


+