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HB 0263 - Retirement; benefits for judges of probate courts; revise method through which certain actuarial equivalents are determined

Tracking Level: Monitor
Sponsor: Mitchell Scoggins
Last Action: 5/2/2022 - Effective Date 2022-07-01
House Committee: Judiciary
Senate Committee: Retirement
Assigned To:
08. Probate CourtsNext Bill
Retirement & CompensationNext Bill

Staff Analysis of the Legislation

HB 263 amends Code Section 47-11-71 of the OCGA to allow the board to adopt a current and accurate mortality table to determine actuarial equivalents in monthly retirement benefits should a probate court judge choose to receive retirement benefits up to the date of to their designated survivor's death.

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