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SB 0293 - Retirement; employment of beneficiaries of the Teachers Retirement System of Georgia; repeal existing provisions

Tracking Level: Watch
Sponsor: Ellis Black
Last Action: 3/1/2018 - House Second Readers
Senate Committee: Retirement
House Committee: Retirement
Assigned To:
RetirementNext Bill

Staff Analysis of the Legislation

GSBA-CWO Header 

SUMMARY: LC 43 0778S

Would require an employer who employs, either directly or indirectly, a TRS retiree, to pay the applicable employee and employer contribution rates. Under the provisions of this bill, the retiree would continue to receive their benefit payment. However, the retiree would not accrue any additional service credit. 

 

EFFECTIVE DATE:

July 1, 2018, if passed 


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