HB 486 - Judicial Retirement; certain local membership; transfer; service credit

Current Version

PDF Version

Committees

HC:Ret
SC:

Current Status

02/17/05 - House Second Readers

First Reader Summary

A BILL to be entitled an Act to amend Article 4 of Chapter 23 of Title 47 of the Official Code of Georgia Annotated, relating to service creditable under the Georgia Judicial Retirement System, so as to provide that a member of such retirement system who is a vested member in a local retirement system and who has not withdrawn his or her contributions shall be entitled to have all of the employer and employee contributions paid by or on behalf of such member transferred to the Georgia Judicial Retirement System; to provide that such member shall be credited with such creditable service in this retirement system as the amount so transferred will warrant without creating any accrued actuarial unfunded liability as to the retirement system; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date	Action
02/16/2005	House First Readers
02/17/2005	House Second Readers

Versions

LC 21 8130/a