Serving those who serve Georgia E RSGA Employees' Retirement System of Georgia For the Week of: February 13 - 17, 2017 Legislative Days: 17 - 20 Employees' Retirement System of Georgia Legislative Update February 20, 2017 Inside This Update 1 Legislative Log Legislative Log Monday, February 13 - Tuesday, February 14, 2017 Page 1 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 No retirement bills were considered. Wednesday, February 15 , 2017 HB 312 Employees' Retirement System of Georgia; Board of Trustees; include a qualified Roth contribution program in compensation plans This bill adds a Roth contribution option to both the state's 401(k) and 457 plans, collectively known as Peach State Reserves (PSR), beginning 1/1/2018. HB 312 received a DO PASS from the House Retirement Committee. HB 366 Georgia Judicial Retirement System; definition of salary for the purpose of determining benefit amounts; revise This bill changes the method of calculating retirement benefits for State Court Judges, Juvenile Court Judges, and Solicitors-General and would be based on the earnable monthly compensation from state funds instead of the average monthly compensation. The change would be effective as of 7/1/2018. HB 366 was assigned to the House Retirement Committee. Thursday, February 16 , 2017 No retirement bills were considered. Friday, February 17 , 2017 HB 409 Appellate court judges; age of eligibility for certain benefits; decrease Effective 7/1/2018, this bill changes the normal retirement age for Appellate Court Judges from age 65 to age 60. HB 409 was assigned to the House Retirement Committee.