hb360_LC_21_9209_a_2.html
07 LC 21 9209
House Bill 360
By: Representatives Mumford of the 95th and Maxwell of the 17th

A BILL TO BE ENTITLED
AN ACT


To amend Article 5 of Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to service creditable toward retirement benefits in the Employees´ Retirement System of Georgia, so as to provide for a transfer of creditable service under certain conditions; to provide that a member of such retirement system who was previously a member of the Georgia Judicial Retirement System and who has not withdrawn his or her employee contributions from such retirement system may elect to have contributions made by him or her or on his or her behalf transferred to the Employees´ Retirement System of Georgia; to provide for creditable service; 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.
Article 5 of Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to service creditable toward retirement benefits in the Employees´ Retirement System of Georgia, is amended by inserting at the end thereof a new Code section as follows:
"47-2-101.
(a) Any member of this retirement system who was a member of the Georgia Judicial Retirement System and who has not withdrawn his or her contributions to such retirement system may request that all contributions made by him or her or on his or her behalf be transferred to this retirement system by making request in writing to the board of trustees of each retirement system. Upon receipt of such funds, such member shall be credited with such creditable service as he or she was credited with in the Georgia Judicial Retirement System, but not more than eight years.
(b) Any request made pursuant to this Code section must be made not later than December 31, 2008, or within six months of becoming a member of this retirement system, whichever date 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"Public Retirement Systems Standards Law"; otherwise, this Act shall not become effective and shall be automatically repealed in its entirety on July 1, 2008, as required by subsection (a) of Code Section 47-20-50.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.