HB837 - Georgia State Employee Savings Plan; enact
HB837 - Georgia State Employee Savings Plan; enact
Sponsored by: Bridges,Ben 10th
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 that no person shall become or again become a member of such retirement system on or after July 1, 2008; to provide a short title; to provide that such employees shall have accounts in the state deferred compensation plan; to provide for an employer contribution; to provide that such employees shall not be entitled to participate in any other public retirement system; to provide for rules and regulations; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.