Serving those who serve Georgia E RSGA Employees' Retirement System of Georgia For the Week of: February 16 - 20, 2015 Legislative Days: 16 - 19 Employees' Retirement System of Georgia Legislative Update February 20, 2015 Page 1 Inside This Update 1 Legislative Log Legislative Log Monday, February 16, 2015 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 No bills were considered today due to the General Assembly being in recess. Tuesday, February 17, 2015 HB 344 Retirement and pensions; create Georgia Public Retirement System Trustee Training Council; provisions This bill creates a Public Retirement System Training Council to develop a training course for trustees. HB 344 was assigned to the House Retirement Committee. Wednesday, February 18, 2015 HB 217 Investments; public retirement systems to invest in mutual funds, commingled funds, collective investment funds, common trusts, and group trusts; authorize This bill would allow all retirement systems under Title 47 to invest in mutual funds and commingled funds. HB 217 received a DO PASS by Committee Substitute from the House Retirement Committee. HB 383 Retirement systems; alternative investments; modify provisions This bill removes safeguards previously put in place for conservatively investing in alternative investments. HB 383 was assigned to the House Retirement Committee. February 20, 2015 Legislative Log (continued) Thursday, February 19 - Friday, February 20, 2015 No retirement bills were considered. Page 2