HB 656 - Teachers Retirement System; survivor's benefits; provisions
Current Status
05/06/08 - House Date Signed by Governor First 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 member may elect to reallocate the spouse's share amount among the other beneficiaries or such beneficiaries shall continue to be entitled to the same 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.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 02/21/2008 | 11:41AM | House Vote #608 | 152 | 003 | 014 | 011 | PASS |
| 04/02/2008 | 12:08PM | Senate Vote #919 | 048 | 000 | 004 | 004 | PASSAGE |
Status History
Bill History| Date | Action |
|---|
| 03/01/2007 | House First Readers |
| 03/19/2007 | House Second Readers |
| 02/06/2008 | House Committee Favorably Reported |
| 02/21/2008 | House Third Readers |
| 02/21/2008 | House Passed/Adopted |
| 02/22/2008 | Senate Read and Referred |
| 03/20/2008 | Senate Committee Favorably Reported |
| 03/27/2008 | Senate Read Second Time |
| 04/02/2008 | Senate Third Read |
| 04/02/2008 | Senate Passed/Adopted |
| 04/11/2008 | House Sent to Governor |
| 05/06/2008 | House Date Signed by Governor |
| 05/06/2008 | Act 420 |
| 07/01/2008 | Effective Date |
