SB 491 - Retirement; establish employee contribution for group term life insurance

Current VersionPDF Version

Committees

Current Status

02/20/08 - Senate Read and Referred

First Reader Summary

A BILL to be entitled an Act to amend Title 47 of the Official Code of Georgia Annotated, relating to retirement and pensions, so as to provide that the board of trustees of the Employees' Retirement System of Georgia shall establish the employee contribution for group term life insurance; for members of the Employees' Retirement System of Georgia, the Georgia Legislative Retirement System, and the Georgia Judicial Retirement System, to provide that employee contribution may be 0 percent but shall not be greater than one-fourth of 1 percent of the member's earnable compensation; to repeal conflicting laws; and for other purposes.

Status History

Bill History
DateAction
02/20/2008Senate Read and Referred