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:
Click here to make a FOIA request regarding the EARNS Program Board