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GA HB905

GA HB905
Employees' Retirement System; any member shall be eligible to transfer funds to Judicial Retirement System; provide


summary

Introduced
04/02/2025
In Committee
02/25/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT To amend Code Section 47-23-64 of the Official Code of Georgia Annotated, relating to transfer of funds from the Employees' Retirement System of Georgia to the Georgia Judicial Retirement System by superior court judges, district attorneys, or solicitors-general and crediting service, so as to provide that any member of such retirement system shall be eligible to transfer funds; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

AI Summary

This bill expands the eligibility for members of the Employees' Retirement System of Georgia (ERSGA) to transfer their contributions to the Georgia Judicial Retirement System (GJRS), a retirement plan specifically for judges and certain other legal officials. Previously, only superior court judges, state court judges, solicitors-general, or district attorneys could make such transfers, but this bill allows any member of the ERSGA to transfer their funds to the GJRS, provided they notify the respective boards of trustees by December 31, 2026, or within 90 days of becoming a member of the GJRS or entering a covered position, whichever is later. The bill also includes provisions for its effective date, stating it will take effect on July 1, 2026, only if it is determined to have been concurrently funded according to the Public Retirement Systems Standards Law, otherwise it will be automatically repealed on that date.

Committee Categories

Labor and Employment

Sponsors (6)

Last Action

House Committee Favorably Reported By Substitute (on 02/25/2026)

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