23 LC 43 2733
H. B. 664
- 1 -
House Bill 664
By: Representative Stephens of the 164
th
A BILL TO BE ENTITLED
AN ACT
To amend Code Section 47-2-101 of the Official Code of Georgia Annotated, relating to
1
creditable service in the Employees' Retirement System of Georgia for prior service as2
member of the Georgia Defined Contribution Plan, so as to allow for the purchase of up to3
18 months of creditable service in such retirement system based upon certain creditable4
service in such plan; to provide for related matters; to provide conditions for an effective date5
and automatic repeal; to repeal conflicting laws; and for other purposes.6
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:7
SECTION 1.8
Code Section 47-2-101 of the Official Code of Georgia Annotated, relating to creditable9
service in the Employees Retirement System of Georgia for prior service as member of the10
Georgia Defined Contribution Plan, is amended by revising subsection (a) as follows:11
"(a) A member who was a member of the Georgia Defined Contribution Plan created by12
Chapter 22 of this title immediately prior to becoming a member of this retirement system13
shall be entitled to obtain creditable service in this retirement system for all such prior14
service with such Georgia Defined Contribution Plan employer, as well as up to 18 months
15
of any prior creditable service he or she earned with such Georgia Defined Contribution16 23 LC 43 2733
H. B. 664
- 2 -
Plan employer that was noncontiguous with his or her period of employment immediately17
prior to becoming a member of this retirement system."18
SECTION 2.19
This Act shall become effective on July 1, 2024, only if it is determined to have been20
concurrently funded as provided in Chapter 20 of Title 47 of the Official Code of Georgia21
Annotated, the "Public Retirement Systems Standards Law"; otherwise, this Act shall not22
become effective and shall be automatically repealed in its entirety on July 1, 2024, as23
required by subsection (a) of Code Section 47-20-50.24
SECTION 3.25
All laws and parts of laws in conflict with this Act are repealed.26