Fabio
75 lines
4.2 KiB
Markdown
75 lines
4.2 KiB
Markdown
---
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type: "Bill"
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title: "Retirement; method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; revise"
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description: "A BILL to be entitled an Act to amend Article 3 of Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to employee and employer contributions and creation of funds for contributions, benefits, and administrative expenses, so as to revise the method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; to authorize the board of trustees to offer a supplemental guaranteed lifetime annuity to certain retired members purchased by transfer of funds from the state sponsored deferred compensation plans; to provide for related matters; to repeal conflicting laws; and for other purposes."
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jurisdiction: "us/states/ga"
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legislature: "Georgia General Assembly"
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session: "2019_20"
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identifier: "SB 55"
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citation: "Georgia SB 55 (2019_20)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Chuck Hufstetler"]
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version_count: 4
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action_count: 15
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vote_count: 1
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first_action: "2019-02-05"
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last_action: "2019-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/907d696d-84f7-441f-a36e-408e0a8ad4b9"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "0c20085b64c7e49b589155e65926513ece94b3851e9ee128d981093e43624d87"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ga"]
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---
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# Georgia SB 55 (2019_20) — Retirement; method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; revise
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A BILL to be entitled an Act to amend Article 3 of Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to employee and employer contributions and creation of funds for contributions, benefits, and administrative expenses, so as to revise the method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; to authorize the board of trustees to offer a supplemental guaranteed lifetime annuity to certain retired members purchased by transfer of funds from the state sponsored deferred compensation plans; to provide for related matters; to repeal conflicting laws; and for other purposes.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **As Introduced LC 43 1132** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/180284.pdf)
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2. **As passed Senate** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/182109.pdf)
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3. **SB 55 Auditor's Certification** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/180385.pdf)
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4. **SB 55/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/185554.pdf)
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## Votes
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- PASSAGE — **50–2** (pass) · upper
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## Sponsors
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- Chuck Hufstetler — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2019-02-05** Senate Hopper
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- **2019-02-06** Senate Read and Referred `referral-committee`
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- **2019-02-14** Senate Committee Favorably Reported `committee-passage-favorable`
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- **2019-02-15** Senate Read Second Time `reading-2`
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- **2019-02-20** Senate Third Read `reading-3`
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- **2019-02-20** Senate Passed/Adopted `passage`
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- **2019-02-21** House First Readers `reading-1`
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- **2019-02-22** House Second Readers `reading-2`
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- **2019-03-13** House Committee Favorably Reported `committee-passage-favorable`
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- **2019-03-21** House Third Readers `reading-3`
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- **2019-03-21** House Passed/Adopted `passage`
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- **2019-04-05** Senate Sent to Governor `executive-receipt`
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- **2019-05-07** Senate Date Signed by Governor `executive-signature`
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- **2019-05-07** Act 256 `executive-signature`
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- **2019-07-01** Effective Date
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/907d696d-84f7-441f-a36e-408e0a8ad4b9`. Confidence: reported (aggregated from official Georgia legislature records).
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