- Collection:
- Georgia Government Publications
- Serial:
- Legislative update (Employees' Retirement System of Georgia)
- Title:
- Legislative update, 2019 March 15
- Creator:
- Employees' Retirement System of Georgia
- Contributor to Resource:
- Employees' Retirement System of Georgia, issuing body.
- Publisher:
- Atlanta, Ga. : Employees' Retirement System of Georgia
- Date of Original:
- 2019-03-15
- Subject:
- Labor laws and legislation--Georgia--Periodicals
- Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- periodicals
- Type:
- Text
- Format:
- application/pdf
- Description:
- This publication contains retirement-related information from Georgia legislative sessions.
- External Identifiers:
- Call Number GA E400 .P1 L4 2019/3-15
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2019-s3-h15-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2019-s3-h15-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
Serving those who serve Georgia
E RSGA
Employees' Retirement System of Georgia
For the Week of: March 11 - March 15, 2019 Legislative Days: 30 - 32
Employees' Retirement System of Georgia
Legislative Update
March 15, 2019
Inside This Update
1-2 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
Legislative Log
Monday, March 11, 2019 No retirement bills were considered.
Tuesday, March 12, 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.
Page 1
Ashley Waller Legal and Policy Research Analyst, ERSGA 404-603-5694 ashley.waller@ers.ga.gov
SB 55 received a DO PASS from the House Retirement Committee.
SB 176 Employees' Retirement System of Georgia; certain public employers; make employer and employee contribution on behalf of retired members; require
Beginning 7/1/19, this legislation requires employers that employ an Employees' Retirement System (ERS) retiree to pay both the employer and employee contributions for the retiree to ERS. The retiree would continue to receive their retirement benefit; however, they would not earn any additional creditable service in the retirement system. This provision would not apply if the employing agency certifies employee is an independent contractor.
SB 176 received a DO PASS from the House Retirement Committee.
March 15, 2019
Legislative Log (continued)
Page 2
Wednesday, March 13, 2019 HB 196 Retirement and pensions; each public retirement system trustee to complete appropriate education applicable to his or her fiduciary duties; require This bill requires trustees of public retirement systems to complete fiduciary training and educational courses in specified retirement areas. HB 196 received a DO PASS from the Senate Retirement Committee.
Thursday, March 14 - Friday, March 15, 2019 No retirement bills were considered.