05 LC 21
8277
House
Bill 666
By:
Representatives Talton of the
145th,
O`Neal of the
146th,
Parsons of the
42nd,
Murphy of the
23rd,
Crawford of the
127th,
and others
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Article 5 of Chapter 17 of Title 47 of the Official Code of Georgia
Annotated, relating to service creditable in the Peace
Officerś
Annuity and Benefit Fund, so as to provide for creditable service for certain
prior service; to provide for an
employeés
contribution; to provide for application and conditions; 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.
Article
5 of Chapter 17 of Title 47 of the Official Code of Georgia Annotated, relating
to service creditable in the Peace
Officerś
Annuity and Benefit Fund, is amended by inserting at the end thereof the
following:
"47-17-71.
Any
active member of the fund on July 1, 2006, and any person who becomes an active
member after such date, may obtain creditable service for prior service as a
peace officer rendered prior to January 1, 1976. A member wishing to establish
such creditable service shall pay an
employeés
contribution in an amount equal to $10.00 for each month of such service sought.
In order to obtain such creditable service, the member must make written
application to the board of trustees no later than December 31, 2006, and
provide the board of trustees with such proof of prior service as the board of
trustees deems
necessary."
SECTION
2.
This
Act shall become effective on July 1, 2006, 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repealed in its entirety on July 1, 2006, as required by subsection (a) of Code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laws and parts of laws in conflict with this Act are repealed.