Legislative update (Employees' Retirement System of Georgia) [Mar. 25, 2016]

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E RSGA
Employees' Retirement System of Georgia

For the Week of: March 21 - 25, 2016 Legislative Days: 39 - 40

Employees' Retirement System of Georgia
Legislative Update

March 25, 2016
Inside This Update
1 Legislative Log
For More Information on Legislation, please visit: www.ers.ga.gov

Page 1
Legislative Log
Monday, March 21, 2016 HB 605 Georgia Judicial Retirement System; member who was serving in a full-time position on his or her retirement may use prior part-time service for vesting; provide

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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

This bill changes the vesting requirements for judges moving from parttime to full-time service and allows for an actuarial calculation of benefits upon transfer to full-time service and subsequent retirement.
HB 605 received a DO PASS from the Senate Rules Committee and was placed on the Senate debate calendar for 3/24/16.
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 to purchase up to five years of certain local government authority service by paying full actuarial cost.
HB 690 received a DO PASS from the Senate Rules Committee and was placed on the Senate debate calendar for 3/24/16.

Tuesday, March 22 - Wednesday, March 23, 2016 No Retirement bills were considered.

March 25, 2016
Legislative Log (continued)

Page 2

Thursday, March 24, 2016
HB 605 Georgia Judicial Retirement System; member who was serving in a full-time position on his or her retirement may use prior part-time service for vesting; provide
This bill changes the vesting requirements for judges moving from part-time to full-time service and allows for an actuarial calculation of benefits upon transfer to full-time service and subsequent retirement.
HB 605 received a DO PASS from the full Senate by a vote of 45 to 5.
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 to purchase up to five years of certain local government authority service by paying full actuarial cost.
HB 690 received a DO PASS from the full Senate by a vote of 51 to 0.