SUMMARY: LC 21 5910

Relates to post retirement benefit adjustments under the Teachers Retirement System of Georgia. Would not allow any post retirement benefit adjustment to be granted to any member who became a member on or after July 1, 1993 unless the annual required employer contribution for the preceding fiscal year was less than $150 million and the employee contribution rate is established by the board at 6 percent. 

EFFECTIVE DATE:

July 1, 2018, if passed