HB 554 - Teachers Retirement; prior service credit; Regents Retirement

Current VersionPDF Version

Sponsored By

Committees

Current Status

02/09/06 - House Committee Favorably Reported

First Reader Summary

A BILL to be entitled an Act to amend Article 5 of Chapter 3 of Title 47 of the Official Code of Georgia Annotated, relating to service creditable toward retirement benefits in the Teachers Retirement System of Georgia, so as to provide that a member shall be entitled to receive creditable service for a prior period of employment while participating in the Regents Retirement Plan; to provide for application and payment of the full actuarial value of granting such creditable service; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
02/17/2005 House First Readers
02/18/2005 House Second Readers
02/09/2006 House Committee Favorably Reported