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E RSGA
Employees' Retirement System of Georgia
For the Week of: February 4-8, 2019 Legislative Days: 8 - 11
Employees' Retirement System of Georgia
Legislative Update
February 8, 2019
Inside This Update
1-2 Legislative Log
3 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
Ashley Waller Legal and Policy Research Analyst, ERSGA 404-603-5694 ashley.waller@ers.ga.gov
Legislative Log
Monday, February 4, 2019 No retirement bills were considered.
Page 1
Tuesday, February 5, 2019
SB 47 Retirement Benefits; 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 47 was assigned to the Senate Retirement Committee.
Wednesday, February 6, 2019
SB 55 Retirement; method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; revise
Effective 1/1/21, 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.
SB 55 was assigned to the Senate Retirement Committee.
February 8, 2019
Legislative Log (continued)
Thursday, February 7 - Friday, February 8, 2019 No retirement bills were considered.
Page 2
February 8, 2019
Final Legislative Adjournment Schedule Announced
February 11 February 12 February 13 February 14 February 15 February 16 - 18 February 19 February 20 February 21 February 22 February 23 - 24 February 25 February 26 February 27 February 28 March 1 March 2 - 3 March 4 March 5 March 6 March 7 March 8 March 9 - 10 March 11 March 12 March 13 March 14 March 15 - 17 March 18 March 19 March 20 March 21 March 22 March 23 - 24 March 25 March 26 March 27 March 28 March 29 March 30 - April 1 April 2
Legislative Day 12 Legislative Day 13 Legislative Day 14 Legislative Day 15 Legislative Day 16 Recess Legislative Day 17 Legislative Day 18 Legislative Day 19 Legislative Day 20 Recess Legislative Day 21 Legislative Day 22 Legislative Day 23 Legislative Day 24 Legislative Day 25 Recess Legislative Day 26 Legislative Day 27 Recess Legislative Day 28 (Crossover Day) Legislative Day 29 Recess Legislative Day 30 Committee Work Day Legislative Day 31 Legislative Day 32 Recess Legislative Day 33 Committee Work Day Committee Work Day Legislative Day 34 Legislative Day 35 Recess Legislative Day 36 Legislative Day 37 Committee Work Day Legislative Day 38 Legislative Day 39 Recess Legislative Day 40 (Sine Die)
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