08 LC 21
9565S
House
Bill 873 (COMMITTEE SUBSTITUTE)
By:
Representative Lane of the
167th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 47-2-266 of the Official Code of Georgia Annotated, relating
to certain judicial employees´ membership in the Employees´ Retirement
System of Georgia and contributions, so as to provide that a person who is a
member of such retirement system because of employment as a court administrator
may obtain up to four years of creditable service for prior service as a
full-time law assistant for a judicial circuit; to provide for contributions; 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.
Code
Section 47-2-266 of the Official Code of Georgia Annotated, relating to certain
judicial employees´ membership in the Employees´ Retirement System of
Georgia and contributions, is amended by adding a new subsection to read as
follows:
"(g)
Any member who is a member of this retirement system by operation of
subparagraph (a)(1)(D) of this Code section may receive up to four years of
creditable service under this chapter for past service as a full-time law
assistant for a judicial circuit employed pursuant to the provisions of Code
Section 15-6-28 upon payment to the board of trustees of such amount as
determined by the actuary as necessary to grant such benefit without creating
any accrued actuarial liability as to this retirement system. Such payment
shall be made not later than July 1, 2009, or within six months of first or
again becoming a member, whichever is later."
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repealed in its entirety on July 1, 2008, as required by subsection (a) of Code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laws and parts of laws in conflict with this Act are repealed.