GA HB588 | 2017-2018 | Regular Session

Status

Spectrum: Partisan Bill (Republican 6-0)
Status: Engrossed on February 6 2018 - 50% progression, died in chamber
Action: 2018-03-15 - Senate Read Second Time
Text: Latest bill text (Introduced) [PDF]

Summary

A BILL to be entitled an Act to amend Article 3 of Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to employee and employer contributions and creation of funds for contributions, benefits, and administrative expenses, so as to revise the method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; to authorize the board of trustees to offer a supplemental guaranteed lifetime annuity to certain retired members purchased by transfer of funds from the state sponsored deferred compensation plans; to provide for related matters; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Employees' Retirement System of Georgia; member may purchase annuity; revise method and manner

Sponsors


Roll Calls

2018-02-06 - House - House Vote #462 (Y: 168 N: 0 NV: 8 Abs: 3) [PASS]

History

DateChamberAction
2018-03-15SenateSenate Read Second Time
2018-03-14SenateSenate Committee Favorably Reported
2018-02-07SenateSenate Read and Referred
2018-02-06HouseHouse Passed/Adopted
2018-02-06HouseHouse Third Readers
2018-02-01HouseHouse Committee Favorably Reported
2017-03-16HouseHouse Second Readers
2017-03-15HouseHouse First Readers
2017-03-14HouseHouse Hopper

Georgia State Sources


Bill Comments

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