Bill Text: GA HB521 | 2011-2012 | Regular Session | Introduced

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Bill Title: Superior Court Clerks' Retirement Fund; certain employee contribution; reduce

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-03-14 - House Second Readers [HB521 Detail]

Download: Georgia-2011-HB521-Introduced.html

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11 LC 21 1205

House Bill 521

By: Representative Morris of the 155th

A BILL TO BE ENTITLED
AN ACT

To amend Code Section 47-14-77 of the Official Code of Georgia Annotated, relating to service for which no credit received for retirement purposes shall be granted under the Superior Court Clerks' Retirement Fund of Georgia, so as to reduce the amount of the employee contribution for creditable service for certain prior service as a deputy clerk; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.

Code Section 47-14-77 of the Official Code of Georgia Annotated, relating to service for which no credit received for retirement purposes shall be granted under the Superior Court Clerks' Retirement Fund of Georgia, is amended by revising paragraph (2) of subsection (d) as follows:

"(2) Any person who is serving as chief deputy clerk on July 1, 2010, and who, without a break in service, became the clerk of the same court may receive creditable service for such service as provided in Code Section 47-14-70 by making application to the board of trustees in such manner as the board deems appropriate and paying to the board of trustees an amount determined by the board of trustees to be sufficient to cover the full actuarial cost of granting such creditable service the amount of employee contributions provided by subsection (a) of Code Section 47-14-40 which such person would have paid if he or she had been a member of this retirement fund during the time of such prior service. Such application and payment shall be made not later than six months after such person became a clerk of the court."

SECTION 2.

This Act shall become effective on July 1, 2012, only if it is determined to have been concurrently funded as provided in Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Standards Law"; otherwise, this Act shall not become effective and shall be automatically repealed in its entirety on July 1, 2012, as required by subsection (a) of Code Section 47-20-50.

SECTION 3.

All laws and parts of laws in conflict with this Act are repealed.