Serving those who serve Georgia 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 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 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.