Select a different bill

SB 0249 - Peace Officers' Annuity and Benefit Fund; amount of monthly dues paid; increase; amounts collected from fines; revise

Tracking Level: Monitor
Sponsor: John Albers (R)
Last Action: 8/3/2020 - Act 551
Senate Committee: Retirement
House Committee: Retirement
Assigned To:
05. Superior CourtsNext Bill
06. State CourtsNext Bill
07. Juvenile CourtsNext Bill
08. Probate CourtsNext Bill
09. Magistrate CourtsNext Bill
10. Municipal CourtsNext Bill
11. Accountability CourtsNext Bill
14. All Court ClerksNext Bill
Criminal Next Bill
Fees, Fines and ForfeituresNext Bill
Retirement & CompensationNext Bill

Staff Analysis of the Legislation

SB 249 amends Chapter 17 of Title 47 of the OCGA to increase the dues each member of the Peace Officers’ Annuity and Benefit Fund pays from $20 per month to a sum determined annually by the fund’s Board of Commissioners between $25 and $30. Each member is required to pay this sum for a minimum of 10 years or 15 years for individuals who became members starting on July 1, 2010. The portion the fund collects from each fine or bond forfeiture is revised to increase incrementally along with amount of the fine or bond forfeiture as opposed to a flat fee. The bill further amends the monthly payment for a single life annuity from $17.50 to $35 per month for each full year of creditable service.

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