Georgia 2025-2026 Regular Session

Georgia Senate Bill SB216

Introduced
2/19/25  

Caption

Georgia Judicial Retirement System; membership in the system for individuals employed as the director of the Prosecuting Attorneys Qualifications Commission; provide

Impact

The bill outlines specific procedures for the transfer process, including the election of membership for those eligible, the obligations to pay for the actuarial costs associated with this transfer, and the treatment of previously accrued service credits. These provisions will further integrate these employees into the state's retirement framework and ensure they receive compensatory measures that reflect their service, which aligns closely with the treatment of other judicial system employees. This could lead to enhanced retention and incentives for these roles.

Summary

Senate Bill 216 aims to amend the Georgia Judicial Retirement System by allowing individuals employed as the director of the Prosecuting Attorneys Qualifications Commission to become members of the system. The bill stipulates that beginning July 1, 2026, current employees in this position will have the option to transition to the Judicial Retirement System from the Employees' Retirement System of Georgia. This change is significant as it provides a pathway for these employees to gain full retirement benefits under the Judicial Retirement System, reflecting their roles and responsibilities within the state judicial framework.

Contention

While the bill appears straightforward in its objectives, potential points of contention may arise surrounding the funding for the actuarial costs and the implications of merging retirement systems. This might lead stakeholders to discuss the long-term financial sustainability of the retirement system and the potential impacts on existing members. Furthermore, the automatic repeal clause pending fiscal appropriations raises questions about the reliability of the bill's implementation, creating a need for clarity in how these transitions will be funded to avoid burdening the state with unforeseen liabilities.

Companion Bills

No companion bills found.

Previously Filed As

GA HB472

Employees' Retirement System of Georgia; allow certain sworn law enforcement officers to be eligible for retirement benefits at age 55; provisions

GA HB835

Employees' Retirement System; create an option for the full-time employment of beneficiaries under certain circumstances

GA SB327

Retirement and Pensions; Public School Employees Retirement System to make an irrevocable election to become members of the Teachers Retirement System of Georgia; permit

GA HB335

Public School Employees Retirement System; permit certain persons to make an irrevocable election to become member of Teachers Retirement System of Georgia

GA HB833

Employees' Retirement System and Public School Employees Retirement System; reduce certain waiting periods and application deadlines for establishment or reestablishment of creditable service

GA HB643

Georgia Judicial Retirement System; certain state court judges of Fulton County participating in other retirement systems; repeal prohibitions

GA HB484

Teachers Retirement System of Georgia; option for full-time employment of certain beneficiaries; extend sunset date

GA SB56

Ad Valorem Taxation; state revenue commissioner to contract with the board of the Employees' Retirement System of Georgia to offer certain county tax commissioners the option to participate in a state administered deferred compensation plan; require

GA HB285

Employees' Retirement System of Georgia; total percentage of funds invested in alternative investments; raise limit

GA HB983

Prosecuting Attorneys Qualification Commission; repeal and reserve Code Section 15-18-32

Similar Bills

No similar bills found.