GA HB295 | 2011-2012 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 5-2)
Status: Engrossed on January 24 2012 - 50% progression, died in chamber
Action: 2012-02-23 - Senate Read Second Time
Text: Latest bill text (Introduced) [HTML]
Status: Engrossed on January 24 2012 - 50% progression, died in chamber
Action: 2012-02-23 - Senate Read Second Time
Text: Latest bill text (Introduced) [HTML]
Summary
A BILL to be entitled an Act to amend Title 47 of the Official Code of Georgia Annotated, relating to retirement and pensions, so as to provide a method of calculating accrued benefits for persons subject to the Georgia State Employees Pension and Savings Plan who transfer between the Employees' Retirement System of Georgia and the Teachers Retirement System of Georgia; to provide for the transfer of the accrued benefit amount and the present value of the accrued benefit; to provide that the present value shall be based on methods and assumptions of the transferring system; to provide for the recalculation of benefits; to provide for related matters; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.
Title
Georgia State Employees Pension and Savings Plan; transfer of accrued benefit; provide
Sponsors
Rep. Tommy Benton [R] | Rep. Tyrone Brooks [D] | Rep. Debbie Buckner [D] | Sen. Bill Heath [R] |
Rep. Howard Maxwell [R] | Rep. John Meadows [R] | Rep. Tom Weldon [R] |
Roll Calls
2012-01-24 - House - House Vote #434 - Passage (Y: 167 N: 0 NV: 8 Abs: 5) [PASS]
History
Date | Chamber | Action |
---|---|---|
2012-02-23 | Senate Read Second Time | |
2012-02-22 | Senate Committee Favorably Reported | |
2012-01-25 | Senate Read and Referred | |
2012-01-24 | House Passed/Adopted | |
2012-01-24 | House Third Readers | |
2012-01-12 | House Committee Favorably Reported | |
2011-02-23 | House Second Readers | |
2011-02-22 | House First Readers |