Plain English Breakdown
The provided official bill text excerpt is a corrupted PDF file stream and contains no readable legislative content; all facts are derived solely from the metadata title and summary.
Georgia Employees' Retirement System Investment Limit Increase
This law raises the maximum percentage of funds that the Georgia Employees' Retirement System can invest in alternative investments.
What This Bill Does
- The bill amends Article 7 of Chapter 20 within Title 47 of the Official Code of Georgia Annotated, known as the Public Retirement Systems Investment Authority Law.
- It raises the limit on the total percentage of funds that may be invested in alternative investments.
Who It Names or Affects
- The Employees' Retirement System of Georgia
Limits and Unknowns
- The official text does not state the specific new percentage limit.
- The exact definition or list of 'alternative investments' is not provided in the summary.