| 1 | 1 | | 25 LC 56 0391 |
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| 2 | 2 | | House Bill 818 |
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| 3 | 3 | | By: Representatives Martin of the 49 |
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| 4 | 4 | | th |
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| 5 | 5 | | , Leverett of the 123 |
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| 6 | 6 | | rd |
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| 7 | 7 | | , Gunter of the 8 |
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| 8 | 8 | | th |
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| 9 | 9 | | , Blackmon of |
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| 10 | 10 | | the 146 |
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| 11 | 11 | | th |
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| 12 | 12 | | , and Evans of the 57 |
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| 13 | 13 | | th |
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| 14 | 14 | | |
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| 15 | 15 | | A BILL TO BE ENTITLED |
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| 16 | 16 | | AN ACT |
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| 17 | 17 | | To amend Chapter 23 of Title 47 of the Official Code of Georgia Annotated, relating to the |
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| 18 | 18 | | 1 |
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| 19 | 19 | | Georgia Judicial Retirement System, so as to provide for membership in the system for each2 |
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| 20 | 20 | | judge employed full time in the Georgia Tax Court; to provide for creditable service; to3 |
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| 21 | 21 | | provide for transfer of funds; to provide for transfer of membership service; to provide for4 |
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| 22 | 22 | | payments of full actuarial costs; to provide for all other individuals employed by the court;5 |
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| 23 | 23 | | to provide for earnable monthly compensation for purposes of contributions and benefit6 |
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| 24 | 24 | | amounts; to provide for related matters; to provide conditions for an effective date and7 |
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| 25 | 25 | | automatic repeal; to repeal conflicting laws; and for other purposes.8 |
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| 26 | 26 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:9 |
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| 27 | 27 | | SECTION 1.10 |
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| 28 | 28 | | Chapter 23 of Title 47 of the Official Code of Georgia Annotated, relating to the Georgia11 |
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| 29 | 29 | | Judicial Retirement System, is amended by adding a new Code section to read as follows:12 |
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| 30 | 30 | | "47-23-51. |
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| 31 | 31 | | 13 |
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| 32 | 32 | | (a) On and after July 1, 2026, each individual employed full time as a judge in the Georgia14 |
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| 33 | 33 | | Tax Court established by Article VI, Section I, Paragraph I of the Georgia Constitution15 |
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| 34 | 34 | | shall become a member of this retirement system.16 |
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| 35 | 35 | | H. B. 818 |
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| 36 | 36 | | - 1 - 25 LC 56 0391 |
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| 37 | 37 | | (b) Each individual who becomes a member of this retirement system pursuant to this17 |
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| 38 | 38 | | Code section shall be eligible to transfer his or her creditable service from the Employees'18 |
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| 39 | 39 | | Retirement System of Georgia to this retirement system, provided that he or she notifies19 |
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| 40 | 40 | | the board of such election within one year of obtaining such membership and pays to the20 |
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| 41 | 41 | | retirement system the remaining amount necessary to pay for the full actuarial cost to the21 |
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| 42 | 42 | | retirement system associated with his or her transfer of service. Upon such election and22 |
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| 43 | 43 | | payment, the Employees' Retirement System of Georgia shall transfer to this retirement23 |
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| 44 | 44 | | system all employer and employee contributions paid by or on behalf of him or her together24 |
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| 45 | 45 | | with regular interest thereon, and he or she shall receive service in this retirement system25 |
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| 46 | 46 | | toward vesting only in the full amount of the service he or she rendered as an employee26 |
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| 47 | 47 | | while he or she was a member of the Employees' Retirement System of Georgia and for27 |
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| 48 | 48 | | which credit was allowable in such system.28 |
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| 49 | 49 | | (c) An individual who becomes a member of this retirement system pursuant to this Code29 |
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| 50 | 50 | | section shall be subject to all provisions of this chapter applicable to solicitors-general of30 |
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| 51 | 51 | | the state courts, except as otherwise specifically provided by this chapter. For the purposes31 |
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| 52 | 52 | | of this retirement system, for each such member, his or her earnable monthly compensation32 |
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| 53 | 53 | | shall be the full rate of regular monthly compensation paid from state funds to such33 |
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| 54 | 54 | | member employee for his or her full working time.34 |
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| 55 | 55 | | (d) All other individuals employed by the Georgia Tax Court established pursuant to35 |
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| 56 | 56 | | Article VI, Section I, Paragraph I of the Georgia Constitution shall be treated in accordance36 |
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| 57 | 57 | | with the provisions of Code Section 47-2-70.1 for new state agencies."37 |
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| 58 | 58 | | SECTION 2.38 |
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| 59 | 59 | | Said chapter is further amended in subsection (a) of Code Section 47-23-100, relating to39 |
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| 60 | 60 | | salary defined, by striking "and" at the end of paragraph (5), replacing the period with "; and"40 |
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| 61 | 61 | | at the end of paragraph (6), and adding a new paragraph to read as follows:41 |
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| 62 | 62 | | H. B. 818 |
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| 63 | 63 | | - 2 - 25 LC 56 0391 |
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| 64 | 64 | | "(7) For any person who is a member of the retirement system pursuant to Code42 |
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| 65 | 65 | | Section 47-23-51, his or her average earnable monthly compensation."43 |
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| 66 | 66 | | SECTION 3.44 |
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| 67 | 67 | | This Act shall become effective on July 1, 2026, only if it is determined to have been45 |
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| 68 | 68 | | concurrently funded as provided in Chapter 20 of Title 47 of the Official Code of Georgia46 |
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| 69 | 69 | | Annotated, the "Public Retirement Systems Standards Law"; otherwise, this Act shall not47 |
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| 70 | 70 | | become effective and shall be automatically repealed in its entirety on July 1, 2026, as48 |
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| 71 | 71 | | required by subsection (a) of Code Section 47-20-50.49 |
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| 72 | 72 | | SECTION 4.50 |
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| 73 | 73 | | All laws and parts of laws in conflict with this Act are repealed.51 |
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| 74 | 74 | | H. B. 818 |
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| 75 | 75 | | - 3 - |
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