SB 177 - Teachers Retirement System; change benefit
formula; provide conditions
Current Status
04/19/06 - Senate Date Signed by Governor
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 change the benefit formula for the Teachers Retirement System of Georgia from 2 percent to 2.5 percent; to provide a postretirement benefit adjustment; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes
| Date |
Time |
Vote No |
Yeas |
Nays |
NV |
Exc |
Description |
| 03/09/06 |
12:06 PM |
Senate Vote #785 |
055 |
000 |
000 |
001 |
PASSAGE BY SUBSTITUTE |
| 03/24/06 |
03:14 PM |
House Vote #994 |
145 |
000 |
025 |
010 |
PASS |
Status History
Bill History
| Date |
Action |
| 02/14/2005 |
Senate Read and Referred |
| 03/06/2006 |
Senate Committee Favorably Reported |
| 03/08/2006 |
Senate Read Second Time |
| 03/09/2006 |
Senate Third Read |
| 03/09/2006 |
Senate Passed/Adopted |
| 03/13/2006 |
House First Readers |
| 03/14/2006 |
House Second Readers |
| 03/16/2006 |
House Committee Favorably Reported |
| 03/24/2006 |
House Third Readers |
| 03/24/2006 |
House Passed/Adopted |
| 04/04/2006 |
Senate Sent to Governor |
| 04/19/2006 |
Senate Date Signed by Governor |
| 04/19/2006 |
Act 477 |
| 07/01/2006 |
Effective Date |