HB 936 - Teachers Retirement; optional allowances; revoke in event of divorce
Sponsored By
- (1) Lunsford,John 110th
- (2) Millar,Fran 79th
- (3) Watson,Stan 91st
- (4) Mangham,Randal 94th
- (5) Stephenson,Pam 92nd
- (6) Mosby,Howard 90th
Committees
- HC:Ret
- SC:
Current Status
01/09/06 - House Second ReadersFirst Reader Summary
A BILL to be entitled an Act to amend Code Section 47-3-121, relating to optional retirement allowances under the Teachers Retirement System of Georgia, election of such options, and revocation of election, so as to provide that a member who upon retirement elects survivor's benefits for a spouse and another may, in the event of divorce, revoke such election as to the spouse; to provide that the beneficiaries other than the spouse shall continue to be entitled to a survivor's benefit; to provide for a recalculation of the member's benefit; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.
Status History
| Date | Action |
|---|---|
| 03/31/2005 | House First Readers |
| 01/09/2006 | House Second Readers |