SB 117 — Public Retirement Systems Standards Law; that does not require an individual to pay the full actuarial cost of obtaining such creditable service; prohibit passage of any law
Senate Agreed House Amend or Sub As Amended
A BILL to be entitled an Act to amend Article 1 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, relating to general provisions of the Public Retirement Systems Standards Law, so as to prohibit the passage of any law, rule, regulation, resolution, or ordinance that allows for creditable service in a retirement system that does not require an individual to pay the full actuarial cost of obtaining such creditable service; to provide for the amendment of existing laws; to provide for an exception; to provide for optional payment plans for creditable service; to provide for related matters; to repeal conflicting laws; and for other purposes.
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