Retirement (12)

Date of Last Recorded Action: 5/2/2024

HB 0236 NeutralTax Commissioners and Staff Not in State Retirement System Unless Authorized by Commissioners Maxwell,Howard 17th
2/9/2012 House Committee Favorably Reported Ret --
General County Government Retirement Shaun Adams

Under current law, tax commissioners and their employees are members of the state retirement system.  Nothing in HB 236 affects the retirement benefits of current tax commissioners or their employees.  Nor does it require counties to pay any of the employer contributions for the current tax commissiners or employees. Going forward, however, HB 236 provides that tax commissioners who first take office and any of their employees that are first hired after July 1, 2012, will not become participants in the state retirement system unless, however, the board of commissioners adopts a resolution to inlcude them in the state system.  Where the commissioners elect to include them in the state system, the county would have to make the employer contributions to fund those benefits.  In addition, the county will have to collect the employee contributions from the participants and remit the employee contributions and the employer contributions to the state retirement system.

HB 0293 NegotiatingRetirement bills; define a certain term Benton,Tommy 31st
1/25/2012 Senate Committee Favorably Reported Ret RET -
Clint Mueller General County Government Retirement
HB 0297 NegotiatingRetirement and pensions; public systems prohibited from expending fund for certain purposes; provide Maxwell,Howard 17th
5/1/2012 House Date Signed by Governor Ret RET -
Clint Mueller General County Government Retirement
HB 0308 NegotiatingPublic retirement systems; duties of boards of trustees; provide Maxwell,Howard 17th
1/25/2012 Senate Committee Favorably Reported Ret RET -
Clint Mueller General County Government Retirement

This bill statutorily specifies that a board of trustees of public retirement systems and public pension plans have the same duties that common law places on trustees.

HB 0351 NeutralIncrease in Probate Court Judges Retirement Surcharge - Include State Court Maxwell,Howard 17th
5/1/2012 House Date Signed by Governor Ret RET -
Clerk of Court Debra Nesbit Forfeitures, Fees, and Fine Add Ons General County Government Probate Court
Public Safety and Courts Retirement State Court

This bill eliminates the tiered surcharge on traffic fines to fund probate judges retirement.  There will now be a $3.00 surcharge on every traffic case.

HB 0424 NeutralSuperior Court Clerks' Retirement Fund; death benefit for members; provide Weldon,Tom 3rd
3/19/2012 Senate Read Second Time Ret RET -
Clerk of Court Debra Nesbit Public Safety and Courts Retirement

This bill extends the $5,000 death benefit from clerks who die in office to retired clerks.

HB 0521 WatchSuperior Court Clerks' Retirement Fund; certain employee contribution; reduce Morris,Greg 155th
3/14/2011 House Second Readers Ret --
Clerk of Court Debra Nesbit Public Safety and Courts Retirement

This bill would change the amount that a chief deputy clerks of court who become clerk of court has to pay to get credit for prior service. Instead of paying the full actuarial cost of the prior service, the clerks would pay $100 per month.

HB 0645 WatchSuperior Court Clerks' Retirement Fund; employee contribution; reduce Morris,Greg 155th
1/9/2012 House Second Readers Ret --
Debra Nesbit General County Government Public Safety and Courts Retirement Superior Court
HB 0928 WatchPeace Officer's Annuity and Benefit Fund; board of trustees authorized to employ a hearing officer; provide Riley,Lynne 50th
5/1/2012 House Date Signed by Governor Ret RET -
Debra Nesbit Law Enforcement Public Safety and Courts Retirement
This bill authorizes that the board of trustees for the Peace Officer's Annuity and Benefit Fund to employ a hearing officer.
SB 0137 NegotiatingRetirement; update certain cross-references to Chapter 11 of Title 15; provide for conditions Hamrick,Bill 30th
2/17/2012 Senate Read Second Time -JUDY -
Debra Nesbit General County Government Juveniles Public Safety and Courts Retirement

This bill updates some of the code sections referenced in the retirement code relating to county retirement systems that allow probation and intake employees from the Department of Juvenile Justice.

SB 0286 NeutralTax Commissioners and Staff: Participation in State Retirement System if County Agrees Heath,Bill 31st
5/2/2012 Senate Date Signed by Governor Ret RET -
Clint Mueller General County Government Retirement Revenue & Finance Shaun Adams
Tax Commissioner
Under current law, tax commissioners and their employees are members of the state retirement system. SB 286  would allow all tax commissioners presently in office and any current employees of a tax commissioner to remain in the state system but tax commissioners first taking office after July 1, of 2012 and any employees of a tax commissioner first hired after that date will not automatically be participants in the state retirement system. The county board of commissioners may, however, agree to include them in the state system so long as the county pays to the state the employer's contribution for each such tax commissioner and employee. The county must also agree to collect any employee contributions from the employee and forward same to the state retirement system.
SB 0402 NeutralAuthorizes Alternative Investment Options for Public Retirement Systems Golden,Tim 8th
4/16/2012 Senate Date Signed by Governor Ret RET -
General County Government Open Records/Meetings Act Retirement Shaun Adams
This bill authorizes, but does not require, the state retirement system and other large retirement systems to invest trust assets in specified alternative investments subject to certain conditions and limitations. Examples of alternative investments include leveraged buyout funds, mezzanine funds, debt funds and venture capital funds. Alternative investments can not in the aggregate exceed 5 percent of a retirement system's assets at any time.This bill, signed by the Governor, is effective July 1, 2012.
Green background on status indicates a bill has been acted on the last recorded legislative day.








Copyright @1996-2015 Association County Commissioners of Georgia