- Collection:
- Georgia Government Publications
- Serial:
- Legislative update (Employees' Retirement System of Georgia)
- Title:
- Legislative update (Employees' Retirement System of Georgia), 03 April 2015
- Creator:
- Georgia. Employees' Retirement System
- Contributor to Resource:
- Employees' Retirement System of Georgia, issuing body.
- Publisher:
- [Atlanta, Georgia] : Employees' Retirement System of Georgia, 2015-04-03
- Date of Original:
- 2015-04-03
- 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 2015/4-3
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2015-s4-h3-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2015-s4-h3-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
Serving those who serve Georgia
E RSGA
Employees' Retirement System of Georgia
For the Week of: March 30 - April 3, 2015 Legislative Days: 39 - 40
Employees' Retirement System of Georgia
Legislative Update
April 3, 2015
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 404-603-5602 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 30, 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 from the Senate Rules Committee and was placed on the Senate Debate Calendar.
Tuesday, March 31, 2015
HB 689 Health insurance plans; provide that any person who becomes eligible to participate in plans on or after July 1, 2016 shall pay premium which reflects entire cost of coverage; provisions
This bill provides that the General Assembly shall not appropriate funds to cover health insurance subsidies for state employees who are employed on or after July 1, 2016. The bill also provides that the General Assembly shall not appropriate funds to cover health insurance subsidies for state employees who retire on or after July 1, 2016.
HB 689 was assigned to the House Insurance Committee.
April 3, 2015
Page 2
Legislative Log (continued)
HB 690 Employees' Retirement System of Georgia; provide that certain law enforcement officers obtain creditable service in system under certain conditions; provisions
This bill allows certain law enforcement members of ERS to purchase up to five years of creditable service for certain prior service as a full time employee of a local governing authority beginning July 1, 2016. Creditable service would only be granted if the member (1) held a P.O.S.T. certified law enforcement position with the local governing authority, (2) was not eligible for a defined benefit or defined contribution retirement or pension plan while employed by the local governing authority, and (3) has been a member of ERS for at least ten years.
Eligible members wishing to obtain such service may make application to the Board of Trustees and must pay an amount determined to be sufficient to cover the full actuarial cost of granting such service.
HB 690 was assigned to the House Retirement Committee.
SB 246 Retirement; provide for the creation of a Scrutinized Company List
This bill requires that boards administering public retirement funds of the State of Georgia identify all companies in which public funds are invested in certain types of active investments in Iran, Syria, Cuba, and Sudan.
Such boards must create and maintain a Scrutinized Companies list and to divest from such companies as long as they remain on the list. The Scrutinized Companies list must be made available on October 1, 2016 and annually thereafter.
SB 246 was assigned to the Senate Retirement Committee.
Wednesday, April 1, 2015 No bills were considered today due to the General Assembly being in recess.
Thursday, April 2, 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 from the full Senate by a vote of 49-3
April 3, 2015
Page 3
Legislative Log (continued)
HB 698 Retirement; no public retirement system shall invest funds in companies producing songs using certain racist or obscene lyrics; provide
This bill prevents Public Retirement Systems from investing in companies or businesses that produce, sell, or market songs with certain lyrics.
HB 698 was assigned to the House Retirement Committee.