Bill Text: GA HB521 | 2011-2012 | Regular Session | Introduced
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
11 LC
21 1205
House
Bill 521
By:
Representative Morris of the
155th
A
BILL TO BE ENTITLED
AN ACT
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repealed in its entirety on July 1, 2012, as required by subsection (a) of Code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.