Legislative update, 2018 March 16

Serving those who serve Georgia

E RSGA
Employees' Retirement System of Georgia

For the Week of: March 12 - March 16, 2018 Legislative Days: 33 - 35

Employees' Retirement System of Georgia
Legislative Update

March 16, 2018
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 Director, Legislative Affairs Division, ERSGA 404-603-5646 kelly.moody@ers.ga.gov
Ashley Waller Legal and Policy Research Analyst, ERSGA 404-603-5694 ashley.waller@ers.ga.gov

Legislative Log
Monday, March 12, 2018 No retirement bills were considered.

Page 1

Tuesday, March 13, 2018
HB 588 Employees' Retirement System of Georgia; member may purchase annuity; revise method and manner
Effective 1/1/2019, this bill will allow Employees' Retirement System (ERS) members to use money from their Peach State Reserves (PSR) 401(k) and/ or 457 plan to purchase a Supplemental Guaranteed Lifetime Income (SGLI) amount to increase their monthly lifetime retirement income from the ERS pension plan.
HB 588 received a DO PASS from the Senate Retirement Committee.

Wednesday, March 14 - Friday, March 16, 2018 No retirement bills were considered.