- Collection:
- Georgia Government Publications
- Serial:
- Legislative update (Employees' Retirement System of Georgia)
- Title:
- Legislative update, 2019 March 8
- 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:
- 2019-03-08
- 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 2019/3-8
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2019-s3-h8-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-be400-b-pp1-bl4-b2019-s3-h8-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 4 - March 8, 2019 Legislative Days: 26 - 29
Employees' Retirement System of Georgia
Legislative Update
March 8, 2019
Inside This Update
1-2 Legislative Log
For More Information on Legislation, please visit: www.ers.ga.gov
Page 1
Legislative Log
Monday, March 4, 2019 SB 117 Public Retirement Systems Standards Law; that does not require an individual to pay the full actuarial cost of obtaining such creditable service; prohibit passage of any law
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
Members who join on or after July 1, 2019 cannot obtain creditable service unless the member pays full actuarial cost for such service. The bill also provides members with the ability to pay for such service purchase with a payment plan option.
SB 117 received a DO PASS from the Senate by a vote of 55 - 0.
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 Senate Rules Committee and was placed on the Senate Debate Calendar for 3/5/2019.
March 8, 2019
Legislative Log (continued)
Page 2
Tuesday, March 5, 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 House by a vote of 152 - 13.
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 Senate by a vote of 52 - 1.
Wednesday, March 6 - Friday, March 8, 2019 No retirement bills were considered.