07 LC 21
9564S
House
Bill 209 (COMMITTEE SUBSTITUTE)
By:
Representatives Rogers of the
26th
and Collins of the
27th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Part 5 of Article 8 of Chapter 2 of Title 47 of the Official Code of
Georgia Annotated, relating to membership of certain law enforcement personnel
in the Employees´ Retirement System of Georgia, so as to change the date by
which application for creditable service for prior service as narcotics agents
must be submitted; to provide conditions for an effective date and automatic
repeal; to repeal conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Part
5 of Article 8 of Chapter 2 of Title 47 of the Official Code of Georgia
Annotated, relating to membership of certain law enforcement personnel in the
Employees´ Retirement System of Georgia, is amended by revising Code
Section 47-2-225, relating to creditable service for members of the
Employees´ Retirement System of Georgia with prior service as narcotics
agents and membership in the retirement system of members who were employed as
narcotics agents, as follows:
"47-2-225.
Any
other provision of this chapter to the contrary notwithstanding, any member who
was employed as a narcotics agent pursuant to the provisions of Code Section
35-3-9 prior to becoming a member of the retirement system shall be entitled to
obtain creditable service for all such prior service subject to the conditions
contained in this Code section. In order to be eligible for such creditable
service, the member
must
shall
make application as prescribed by the board not later than
July 1,
1997
December 31,
2008, or one year after becoming a member
of the retirement system, whichever date is later, provide proof of such prior
service, and pay
the
employee contributions which he or she would have paid if he or she had been a
member of the retirement system, together with regular interest thereon. Within
30 days after the retirement system gives notice that the foregoing conditions
have been met, the Georgia Bureau of Investigation shall pay the employer
contributions which would have been paid for the member if he or she had been a
member of the retirement system, together with regular interest
thereon
such amount as
determined by the actuary as necessary to grant such benefit without creating
any accrued actuarial liability as to this retirement
system."
SECTION
2.
This
Act shall become effective on July 1, 2008, only if it is determined to have
been concurrently funded as provided in Chapter 20 of Title 47 of the Official
Code of Georgia Annotated, the "Public Retirement Systems Standards Law";
otherwise, this Act shall not become effective and shall be automatically
repealed in its entirety on July 1, 2008, as required by subsection (a) of Code
Section 47-20-50.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.