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HB 0312 - Retirement Plans - Allow Roth option
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Tracking Level: Support
Sponsor: Howard Maxwell
Last Action: 1/1/2018 - Effective Date
House Committee: Retirement
Senate Committee: Retirement
Assigned To:
CompensationNext Bill
Fire ServicesNext Bill
Larry RamseyNext Bill
Personnel/EmploymentNext Bill
RetirementNext Bill

Staff Analysis of the Legislation

This bill provides that the state retirement system, as well as retirement plans offered by counties and other local governments, may include an option for use of a qualified Roth contribution program in a deferred compensation plan. As to counties, this appears to be a restatement or clarification of existing authority provided to counties under the Georgia Constitution.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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