07 LC 21
9235
Senate
Bill 112
By:
Senators Harp of the 29th, Smith of the 52nd, Cowsert of the 46th, Hamrick of
the 30th and Williams of the 19th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 47-2-244 of the Official Code of Georgia Annotated, relating
to optional benefits available to appellate court judges, notice of election of
benefits, eligibility for benefits, and disability benefits and survivor
benefits, so as to provide that appellate court judges who make the option to
receive a certain enhanced retirement benefit may retire after attaining the age
of 60 with 12 years of service as an appellate court judge; 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 47-2-244 of the Official Code of Georgia Annotated, relating to optional
benefits available to appellate court judges, notice of election of benefits,
eligibility for benefits, and disability benefits and survivor benefits, is
amended by revising subsection (f) as follows:
"(f)
After ten years of service as an appellate court judge
and attaining
the age of 65 or after 12 years of service as an appellate court judge and
attaining the age of 60, such judge shall
be entitled to receive during life a retirement benefit payable monthly
equivalent to 75 percent of the salary of an appellate court judge then serving
in the office from which such judge retired."
SECTION
2.
Said
Code section is further amended by revising subsection (m) as
follows:
"(m)
No benefit shall be payable to an appellate court judge under this Code section
until such judge reaches
60 years of
age with 12 years of service as an appellate court judge
or 65 years of age
with ten years
of service as an appellate court judge,
except for incapacity."
SECTION
3.
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repealed in its entirety on July 1, 2008, as required by subsection (a) of Code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
4.
All
laws and parts of laws in conflict with this Act are repealed.