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Senate committee reviews technical pension corrections in Senate Bill 42
Summary
Senate Bill 42, presented to the Delaware Senate Executive Committee as a technical cleanup to earlier pension language, would restore prior contribution rates and resolve potential IRS tax issues; committee heard brief testimony and public support and agreed to circulate the bill for further consideration.
Senator Pardee introduced Senate Bill 42 to the Delaware Senate Executive Committee as a technical cleanup to pension language affecting magistrates and other court personnel. Pat Wood of the JP Court told the committee the changes correct what he described as drafting errors that produced potential IRS tax ramifications.
The bill sponsor…
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