The Delaware EARNS Program Board oversees the initial design and implementation of all administrative aspects of the Delaware EARNS program including, but not limited to, marketing and promotional responsibility, vendor management, and investment oversight. The board will be disbanded no later than December 31, 2025, at which point all duties and functions of the board will be transferred to and assumed by the Plans Management Board.
This body was established by Del. Code Title 19 § 3803 The Delaware EARNS Program Board.
The Board is composed of seven members including the State Treasurer, the Secretary of Finance, the Insurance Commissioner, and the Secretary of Labor. Each may appoint a person to serve in their stead. The chairperson of the Plans Management Board, who may designate a member of the Plans Management Board or one of its committees to serve in the chairperson’s stead. Two public members appointed by the Governor, one of whom must be an owner of a small business in the State with the other having experience in providing financial advice or assistance to lower to moderate income workers or retirees. The Governor will appoint one of the public members as chairperson.
Members of the Delaware EARNS Board:
2023
December 7, 2023
September 11, 2023
July 13, 2023
Request for Information for Potential Interstate Cooperation
April 13, 2023
March 6, 2023
Request for Proposal for Program Consulting Services
Memo concerning EARNS Program Consultant RFP
EARNS Board Resolution Establishing Charters for Standing Committees
2022
November 15, 2022
October 4, 2022
Presentation by Pew Charitable Trusts
Coming soon
Proposed Regulations Governing the Expanding Access for Retirement and Necessary Saving Program
State treasurer holds first of several Delaware EARNS public forums
Retirement fund plan is still being developed ahead of 2025 start (Click below)
Local Forums Underway on Delaware EARNS
Implementation Of Delaware EARNS Off To A Historic Start
Delaware EARNS Program Board Members Named
Implementation of Delaware EARNS to Begin – August 18, 2022
Lawmakers Approve Treasurer’s Retirement Legislation – June 22, 2022
Treasury Proposals Receive Funding in Governor’s Recommended Budget – January 27, 2022
State Treasurer Colleen Davis Brings Forth Landmark Retirement Program for Delaware – May 20, 2021
Click here to make a FOIA request regarding the EARNS Program Board. All FOIA requests for the Board must be directed to the Office of the State Treasurer (OST) via the state FOIA portal. OST Director of Communications Carl Kanefsky serves as the FOIA Coordinator for the Board.