SB 329 - Retirement; authorize the reduction of portion of member's compensation; benefit for future state employees
Sponsored By
Committees
- SC:RET
- HC:
Current Status
03/06/08 - Senate Read Second TimeFirst Reader Summary
A BILL to be entitled an Act to amend Code Section 47-2-334 of the Official Code of Georgia Annotated, relating to service retirement allowance under the Employees' Retirement System of Georgia, calculation, employee membership contributions, employer contributions, optional membership, conditions, and construction of provisions, so as to authorize the reduction of the portion of a member's compensation used to calculate a retirement benefit for future state employees; to provide for applicability; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.
Status History
| Date | Action |
|---|---|
| 04/13/2007 | Senate Read and Referred |
| 03/05/2008 | Senate Committee Favorably Reported |
| 03/06/2008 | Senate Read Second Time |