Plain English Breakdown
The official text mentions conditions for an effective date and automatic repeal but does not specify what those dates are.
HB900: Allowing Retirement Fund Transfers for Certain Georgia Officials
This bill changes the law to let any member of the Employees' Retirement System who is a superior court judge, district attorney, or solicitor-general transfer their funds and service credit to the Judicial Retirement System.
What This Bill Does
- Amends Code Section 47-23-64 regarding retirement fund transfers.
- Allows eligible members of the Employees' Retirement System to move money to the Georgia Judicial Retirement System.
- Credits past work time from the first system toward benefits in the judicial system for specific officials.
Who It Names or Affects
- Superior court judges, district attorneys, and solicitors-general who are members of the Employees' Retirement System.
- The Georgia Judicial Retirement System administration.
Limits and Unknowns
- The exact date the law takes effect is not listed in this summary.
- Details on how much money can be transferred or any fees involved are not included.
- Specific conditions for an effective date and automatic repeal are mentioned but not detailed.