DEPARTMENT
OF
AUDITS
AND
ACCOUNTS
270 Washington Street, S.W., Suite 1-156
Atlanta, Georgia 30334-8400
270 Washington Street, S.W., Suite 1-156
Atlanta, Georgia 30334-8400
Russell W.
Hinton
State Auditor
(404) 656-2174
State Auditor
(404) 656-2174
February
15, 2008
The Honorable Bill Heath, Chairman
Senate Retirement Committee
State Capitol, Room 109
Atlanta, Georgia 30334
SUBJECT: State
Auditor’s
Certification
Substitute to Senate Bill 163
(LC 21 9787S)
Substitute to Senate Bill 163
(LC 21 9787S)
Dear
Chairman Heath:
This
substitute bill would amend provisions relating to membership in the
Employees’ Retirement System. Specifically, this bill would prohibit tax
commissioners, tax collectors, tax receivers, and employees of such officers
from becoming members of the Employees’ Retirement System. This
substitute bill would affect all persons who take such positions on or after
July 1, 2009. Any person holding such position on June 30, 2009 would be
entitled to remain a member of the System. Under the previous version of this
bill, all persons who take such positions on or after July 1, 2008 would be
prohibited from joining the Employees’ Retirement System.
This
is to certify that the changes made in this substitute bill are nonfiscal
amendments as defined in the Public Retirement Systems Standards Law.
Therefore, the actuarial investigation and State Auditor’s Summary
prepared for Senate Bill 163 (LC 21 9221) would apply to this substitute bill
(LC 21 9787S). A copy of the actuarial investigation and State Auditor’s
Summary for Senate Bill 163 (LC 21 9787S) is attached.
Respectfully,
/s/ Russell W.
Hinton
State Auditor
RWH/cs
State Auditor
RWH/cs