HB 314 - Teachers Retirement; postretirement benefit increases; prior service credit

Sponsored By

Committees

Current Status

02/08/05 - House Second Readers

First Reader Summary

A BILL to be entitled an Act to amend Chapter 3 of Title 47 of the Official Code of Georgia Annotated, relating to the Teachers Retirement System of Georgia, so as to provide for a postretirement benefit increase for certain retired members; to provide for a recalculation of creditable service; to provide for an allocation of benefit increases; to provide that active members of such retirement system may obtain creditable service for prior service in public schools; to provide for conditions; to provide for the payment of employer and employee contributions; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
02/07/2005 House First Readers
02/08/2005 House Second Readers

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