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Georgia General Assembly > Legislation
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2007-2008 Regular Session - HB 841
Georgia State Employee Savings Plan; enact
Sponsored By
Committees
HC: RetirementSC:
First Reader Summary
A BILL to be entitled an Act to amend Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to the Employees´ Retirement System of Georgia, so as to provide a short title; to provide that persons who first or again become a member of such retirement system on or after July 1, 2008, shall have accounts in the state deferred compensation plan; to provide for an employer contribution; to provide for rules and regulations; to reduce the percent of a member´s compensation used to calculate a retirement benefit from 2 percent to 1 percent; to provide for applicability; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.
Status History
Apr/17/2007 - House Second Readers
Apr/16/2007 - House First Readers
Apr/13/2007 - House Hopper
Versions
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