Georgia CommonsSR 71: Employees' Retirement System of Georgia; congratulate
Última acción: 3 de febrero de 2025 · Senate Read and Adopted
A Senate resolution congratulates the Employees' Retirement System of Georgia on its 75th anniversary and does not change any Georgia law.
Los resúmenes de abajo son traducciones de resúmenes en inglés escritos por un modelo de IA (claude-sonnet-5) a partir del texto de la resolución; no forman parte de él. La resolución está en inglés. Cite el texto, no el resumen. El texto almacenado es la versión Enrolled, la más reciente que tiene LegiScan.
El resumen en español de este proyecto de ley se está preparando. Mientras tanto se muestra el resumen en inglés.
En lenguaje claro
This is a ceremonial resolution from the Georgia Senate, not a law that changes anyone's rights or obligations. It marks the 75th anniversary of the Employees' Retirement System of Georgia (ERSGA), the agency created in 1950 that manages pension and retirement benefits for state and local government workers. The resolution recites ERSGA's history and current duties, including running five pension plans, two life insurance plans, three 401(k) and 457 style savings plans known as Peach State Reserves, and acting as the Social Security administrator for local governments across the state. The Senate formally congratulates ERSGA and directs the Secretary of the Senate to send the agency a copy of the resolution.
Qué hace el proyecto de ley
- Formally congratulates the Employees' Retirement System of Georgia on the 75th anniversary of its founding in 1950.
- Recites ERSGA's current responsibilities, including administering five pension plans, two life insurance plans, and three retirement savings plans.
- Notes that ERSGA serves as the Social Security Administrator for political subdivisions (local governments) across Georgia.
- Directs the Secretary of the Senate to prepare and deliver a copy of the resolution to ERSGA.
A quién afecta
This resolution directly concerns the Employees' Retirement System of Georgia, the agency that manages pensions and benefits for state and local government employees, retirees, and their beneficiaries across Georgia. It creates no new obligations for the public.
Por qué importa
The resolution is symbolic and has no legal effect on retirement benefits, funding, or agency operations. Its practical significance is limited to public recognition of ERSGA's 75-year history of administering pensions for Georgia's public workforce.
Disposiciones clave
- The resolution states ERSGA was established in 1950 and has operated for 75 years serving Georgia's workforce.
- It lists ERSGA's current programs: five defined benefit pension plans, two life insurance plans, and three defined contribution plans including Peach State Reserves 401(k) and 457 plans.
- It notes ERSGA's role as Social Security Administrator for political subdivisions statewide.
- The resolving clauses congratulate ERSGA and direct the Secretary of the Senate to distribute a copy of the resolution to the agency.
Del proyecto de ley
“the Employees' Retirement System of Georgia (ERSGA) was established in 1950, and it has served as a trusted partner in retirement readiness for Georgia's workforce over the past 75 years”
Cronología del estado
- Senate Read and Adopted (Senado)
- Senate Hopper (Senado)
Patrocinadores
- Ricky Williams (R, SD-025)
- Kay Kirkpatrick (R, SD-032)
- Max Burns (R, SD-023)
- Randy Robertson (R, SD-029)
- Lee Anderson (R, SD-024)
- Frank Ginn (R, SD-047)
- Michael Rhett (D, SD-033)
- Colton Moore (R, SD-053)
- Sally Harrell (D, SD-040)
- RaShaun Kemp (D, SD-038)
- Gail Davenport (D, SD-017)
Temas
- state retirement system
- public pensions
- ERSGA anniversary
- state employee benefits