- Collection:
- Georgia Government Publications
- Serial:
- Legislative update (Employees' Retirement System of Georgia)
- Title:
- Legislative update (Employees' Retirement System of Georgia), 19 February 2010
- Creator:
- Georgia. Employees' Retirement System
- Contributor to Resource:
- Employees' Retirement System of Georgia, issuing body.
- Publisher:
- [Atlanta, Georgia] : Employees' Retirement System of Georgia, 2010-02-19
- Date of Original:
- 2010-02-19
- Subject:
- Labor laws and legislation--Georgia
- Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- Description:
- Began with: January 11-15, 2010.
Description based on: January 11-15, 2010 (harvested from www.ers.ga.gov); title from PDF masthead (Georgia Government Publications database, viewed July 26, 2016).
Latest issue consulted: March 21-25, 2016 (Georgia Government Publications database, viewed July 26, 2016). - External Identifiers:
- Call Number GA E400 .P1 L4 2010/2-19
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2010-s2-h19-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2010-s2-h19-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
For the Week of: February 15 - 19, 2010 Legislative Days: 18 - 20
Legislative Update
Employees' Retirement System of Georgia
February 19, 2010
Page 1
Inside This Update
1 Adjournment Schedule 1 Legislative Log
For More Information on Legislation, please visit: www.ers.ga.gov
Contact Us
Pamela L. Pharris Director, ERSGA 404-603-5602 pamela.pharris@ers.ga.gov
Jim Potvin Deputy Director, ERSGA 404-603-5605 jim.potvin@ers.ga.gov
Kelly L. Moody Legislative Liaison and Assistant Director, ERSGA 404-603-5646 kelly.moody@ers.ga.gov
Danise Thaxton Executive Assistant to the Director, ERSGA 404-603-5602 danise.thaxton@ers.ga.gov
Legislative Adjournment Schedule Announced through March 15th
February 18 February 19 - March 7 March 8 March 9 March 10 March 11 March 12 - March 14 March 15
* Recess is when the General Assembly is not in Session.
Legislative Day 20 Recess*
Legislative Day 21 Legislative Day 22 Legislative Day 23 Legislative Day 24
Recess* Legislative Day 25
LEGISLATIVE LOG
Monday, February 15, 2010
No Bills were considered today due to the General Assembly being in Recess.
Tuesday, February 16, 2010
HB 249 - Public Retirement Systems Investment Authority Law; define certain terms; provisions
Authorizes the Georgia Firefighters' Pension Fund to invest in certain alternative investments.
HB 249 received a DO PASS BY COMMITTEE SUBSTITUTE from the full House by a vote of 155 - 7.
HB 1207 - Retirement; include unlawful acts to mandatory uniform assessments; provide
Amends the definition of public employment related crime. Specifically, a teacher or administrator would lose their State pension if convicted of tampering with school test scores. This change would only impact persons who first or again become members of a public retirement system on or after July 1, 2010.
February 19, 2010
LEGISLATIVE LOG - Continued
Page 2
HB 1223 - State Employees' Assurance Department; group term life insurance; provisions
Provides the Board of Trustees of the State Employees' Assurance Department (SEAD), the Employees' Retirement System of Georgia (ERSGA), the Legislative Retirement System (LRS), and the Judicial Retirement System (JRS) with the ability to insure, reinsure, or contract for the assumption of liabilities with regard to Group Term Life Insurance (GTLI).
The Board of Trustees of SEAD, ERSGA, LRS, and JRS would require sufficient funds to cover the anticipated liabilities of GTLI for all members in case of any reinsure or contract change. By law, any access funds that may result in any change will be transferred to the participating retirement system. These systems may then deposit such funds in the pension accumulation fund or may provide such discretionary benefit to members.
HB 1223 was assigned to the House Retirement Committee by the full House.
Wednesday, February 17, 2010
HB 960 - Georgia Defined Contribution Plan; make lump sum payment upon death; change
Changes the default beneficiary for GDCP members when a designation has not been made from the member's estate to follow the Per Stirpes Rules.
Currently, if the member has not chosen a beneficiary, the beneficiary automatically defaults to the member's estate. GDCP by nature has many temporary members that may not choose a beneficiary. This legislation allows the designation to follow the Per Stirpes Rules as outlined in 53-2-1.
HB 960 was recommitted to the House Retirement Committee by the House Rules Committee.
HB 960 - Georgia Defined Contribution Plan; make lump sum payment upon death; change
Changes the default beneficiary for GDCP members when a designation has not been made and defines the order of payment will be made to:
(1) The lawful spouse; (2) The natural or legally adopted children, in equal shares; (3) The parents, in equal shares; or (4) The personal representative of the estate.
HB 960 received a DO PASS BY COMMITTEE SUBSTITUTE from the House Retirement Committee.
February 19, 2010
LEGISLATIVE LOG - Continued
Page 3
Thursday, February 18, 2010
HB 1237 - Retirement; Title 47; correct errors and omissions of the Official Code of Georgia Annotated
Corrects typographical, stylistic, and other errors and omissions in Title 47. HB 1237 was assigned to the House Retirement Committee by the full House.
SB 436 - Retirement; repeal certain obsolete and inoperative provisions
Updates Title 47 by removing obsolete and dated language from the statute. Any rights that members had under such provisions will remain intact.
SB 436 was assigned to the Senate Retirement Committee by the full Senate.
Friday, February 19, 2010
No Bills were considered today due to the General Assembly being in Recess.