Serving those who serve Georgia E RSGA Employees' Retirement System of Georgia For the Week of: March 4 - March 8, 2013 Legislative Days: 28 - 30 Employees' Retirement System of Georgia Legislative Update March 8, 2013 Page 1 Inside This Update 1 Legislative Log For More Information on Legislation, please visit: www.ers.ga.gov Contact Us Jim Potvin Executive Director, ERSGA 404-603-5605 jim.potvin@ers.ga.gov Kelly L. Moody Legislative Liaison and Communications Manager 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 Log Monday, March 4, 2013 HB 377 Garnishment; exemptions of pension or retirement funds or benefits; change provisions This legislation originally removed the exempt status for Qualified Domestic Relations Orders in retirement plans. The substitute bill restores the exempt status for retirement plans. HB 377 received a DO PASS by Committee Substitute from the House Retirement Committee. SB 178 Georgia Legislative Retirement System; define a certain term; broaden certain provision This legislation provides the Employees' Retirement System Board of Trustees with the authority to comply with federally mandated requirements if a conflict arises between state and federal statute. This authority would normally be utilized only if action is required more quickly than enabling legislation can be enacted. The bill also clarifies the term public employer as it relates to rehired retirees. SB 178 received a DO PASS from the Senate Rules Committee and was placed on the Senate Debate Calendar for 3/5/13. March 8, 2013 Legislative Log (continued) Page 2 Tuesday, March 5, 2013 SB 178 Georgia Legislative Retirement System; define a certain term; broaden certain provision This legislation provides the Employees' Retirement System Board of Trustees with the authority to comply with federally mandated requirements if a conflict arises between state and federal statute. This authority would normally be utilized only if action is required more quickly than enabling legislation can be enacted. The bill also clarifies the term public employer as it relates to rehired retirees. SB 178 was postponed due to the sponsor being ill and was placed on the Senate Debate Calendar for 3/7/13. Wednesday, March 6, 2013 No action was taken on retirement bills today. Thursday, March 7, 2013 SB 178 Georgia Legislative Retirement System; define a certain term; broaden certain provision This legislation provides the Employees' Retirement System Board of Trustees with the authority to comply with federally mandated requirements if a conflict arises between state and federal statute. This authority would normally be utilized only if action is required more quickly than enabling legislation can be enacted. The bill also clarifies the term public employer as it relates to rehired retirees. SB 178 received a DO PASS by Committee Substitute from the full Senate by a vote of 47-3. Friday, March 8, 2013 No bills were considered today due to the General Assembly being in recess.