- Collection:
- Georgia Government Publications
- Serial:
- Legislative update (Employees' Retirement System of Georgia)
- Title:
- Legislative update (Employees' Retirement System of Georgia), 11 March 2011
- Creator:
- Georgia. Employees' Retirement System
- Contributor to Resource:
- Employees' Retirement System of Georgia, issuing body.
- Publisher:
- [Atlanta, Georgia] : Employees' Retirement System of Georgia, 2011-03-11
- Date of Original:
- 2011-03-11
- 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 2011/3-11
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2011-s3-h11-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2011-s3-h11-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
Legislative Update
Employees' Retirement System of Georgia
For the Week of: March 7 - 11, 2011 Legislative Days: 25 - 28
March 11, 2011
Page 1
Inside This Update
1 Legislative Log
LEGISLATIVE LOG
Monday, March 7, 2011
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
HB 308 - Public retirement systems; duties of boards of trustees; provide
Prior to July 1, 2010, boards of trustees of public retirement systems were subject to applicable provisions in Title 53 dealing with Common Law fiduciary duties. However, an oversight occurred when the statute was amended last session. This bill adds back the needed references concerning Common Law fiduciary duties for boards of trustees of public retirement systems.
HB 308 received a DO PASS BY COMMITTEE SUBSTITUTE from the House Retirement Committee.
HB 473 - Public School Employees Retirement System; increase employee contribution; provide
This bill increases the monthly employee contribution from $4.00 to $10.00 for new members of the Public School Employees' Retirement System (PSERS) beginning July 1, 2012. Provisions provide for the minimum monthly retirement benefit for PSERS members to increase from $12.00 to $14.75 for each year of creditable service. The maximum monthly retirement benefit will increase from $15.00 to $20.00 for each year of creditable service. The benefit increases are to the extent that funds are appropriated by the General Assembly. Benefit increases will be payable to active PSERS members and PSERS retirees.
HB 473 was assigned to the House Retirement Committee by the full House.
March 11, 2011
LEGISLATIVE LOG - Continued
Page 2
Tuesday, March 8, 2011
HB 371 - Insurable interest; state entity; not fund life insurance on public officers or employees; provide
This bill prevents any State or political subdivision of the State from having an insurable interest in its active or retired public employees or officers unless benefits are paid to a designated beneficiary or the member's estate.
HB 371 received a DO PASS from the House Insurance Property and Casualty Sub-Committee.
Wednesday, March 9, 2011
HB 371 - Insurable interest; state entity; not fund life insurance on public officers or employees; provide
This bill prevents any State or political subdivision of the State from having an insurable interest in its active or retired public employees or officers unless benefits are paid to a designated beneficiary or the member's estate.
HB 371 received a DO PASS from the House Insurance Committee. Thursday, March 10, 2011
HB 308 - Public retirement systems; duties of boards of trustees; provide
Prior to July 1, 2010, boards of trustees of public retirement systems were subject to applicable provisions in Title 53 dealing with Common Law fiduciary duties. However, an oversight occurred when the statute was amended last session. This bill adds back the needed references concerning Common Law fiduciary duties for boards of trustees of public retirement systems.
HB 308 received a DO PASS from the House Rules Committee and was placed on the House Debate Calendar for 3/11/11.
Friday March 11, 2011
HB 308 - Public retirement systems; duties of boards of trustees; provide Prior to July 1, 2010, boards of trustees of public retirement systems were subject to applicable provisions in Title 53 dealing with Common Law fiduciary duties. However, an oversight occurred when the statute was amended last session. This bill adds back the needed references concerning Common Law fiduciary duties for boards of trustees of public retirement systems.
March 11, 2011
LEGISLATIVE LOG - Continued
Page 3
HB 308 received a DO PASS from the full House by a vote of 154-0.
HB 371 - Insurable interest; state entity; not fund life insurance on public officers or employees; provide
This bill prevents any State or political subdivision of the State from having an insurable interest in its active or retired public employees or officers unless benefits are paid to a designated beneficiary or the member's estate.
HB 371 received a DO PASS from the House Rules Committee and was placed on the House Debate Calendar for 3/14/11.