Legislative update, 2018 January 26

Serving those who serve Georgia

E RSGA
Employees' Retirement System of Georgia

For the Week of: January 22 - 26, 2018 Legislative Days: 7 - 10

Employees' Retirement System of Georgia
Legislative Update

January 26, 2018
Inside This Update
1-3 Legislative Log
4 Legislative Schedule
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 Director, Legislative Affairs Division, ERSGA 404-603-5646 kelly.moody@ers.ga.gov

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Legislative Log
Monday, January 22, 2018 HB 706 Retirement and pensions; assignment of benefits to pay for funeral services of deceased individuals of certain retirement systems of Georgia; provide This bill provides for the assignment of benefits to pay for funeral services of a deceased individual who was a member of the Employees' Retirement System (ERS) or the Public School Employees Retirement System (PSERS). Assignment of benefits is currently not admissable, except in rare circumstances as deemed by statute. HB 706 was assigned to the House Retirement Committee.
Tuesday, January 23, 2018

SB 101 Employees' Retirement System of Georgia; full-time hourly employee with Department of Natural Resources; provide for creditable service for prior service
Employees' Retirement System (ERS) members with at least two years of service who were members of the Georgia Defined Contribution Plan (GDCP) immediately prior to becoming members of ERS may obtain credit for all such prior GDCP service. Members must pay full actuarial cost for the service and will have the ability to pay for such service with a payment plan option.

SB 101 received a DO PASS by Committee Substitute from the Senate Retirement Committee.

January 26, 2018
Legislative Log (continued)

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SB 129 Retirement; creditable service for certain military service; provide
Employees' Retirement System (ERS) members with at least two years of service may purchase up to five years of military service performed on or after 1/1/1990. Members must pay full actuarial cost for the service and will have the ability to pay for such service with a payment plan option. Service may not be purchased if the service can or will be used to qualify for any other state or federal retirement program.
SB 129 received a DO PASS by Committee Substitute from the Senate Retirement Committee.
Wednesday, January 24, 2018
HB 135 Employees' Retirement System of Georgia; creditable service for certain law enforcement officers; expand
Certain law enforcement members of the Employees' Retirement System (ERS) with at least ten years of service may purchase up to five years of certain non-vested local government law enforcement service, provided such members are not eligible to receive a present or future benefit from the local government. Members must pay full actuarial cost for the service.
HB 135 received a DO PASS from the House Retirement Committee.
HB 409 Appellate court judges; age of eligibility for certain benefits; decrease
This bill changes the normal retirement age for Appellate court judges from age 65 to age 60.
HB 409 received a DO PASS by Committee Substitute from the House Retirement Committee.

Thursday, January 25, 2018
SB 101 Employees' Retirement System of Georgia; full-time hourly employee with Department of Natural Resources; provide for creditable service for prior service
Employees' Retirement System (ERS) members with at least two years of service who were members of the Georgia Defined Contribution Plan (GDCP) immediately prior to becoming members of ERS may obtain credit for all such prior GDCP service. Members must pay full actuarial cost for the service and will have the ability to pay for such service with a payment plan option.
SB 101 received a DO PASS from the Senate Rules Committee and was placed on the Senate Calendar for 1/29/18.

January 26, 2018
Legislative Log (continued)

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SB 129 Retirement; creditable service for certain military service; provide
Employees' Retirement System (ERS) members with at least two years of service may purchase up to five years of military service performed on or after 1/1/1990. Members must pay full actuarial cost for the service and will have the ability to pay for such service with a payment plan option. Service may not be purchased if the service can or will be used to qualify for any other state or federal retirement program.
SB 129 received a DO PASS from the Senate Rules Committee and was placed on the Senate Calendar for 1/29/18.
Friday, January 26, 2018
No retirement bills were considered today.

January 26, 2018
Final Legislative Adjournment Schedule Announced

January 29 January 30 January 31 February 1 February 2-4 February 5 February 6 February 7 February 8 February 9-11 February 12 February 13 February 14 February 15 February 16-19 February 20 February 21 February 22 February 23 February 24-25 February 26 February 27 February 28 March 1 March 2-4 March 5 March 6 March 7 March 8 March 9 March 10-11 March 12 March 13 March 14 March 15 March 16-18 March 19 March 20 March 21 March 22 March 23 March 24-26 March 27 March 28 March 29

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