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HB 799 - Peace Officers' Annuity and Benefit; reemployment of retirees

Jamieson, Mary Jeanette (22nd)

Status Summary	HC:	Ret	SC:	Ret	FR:	03/01/99	LA:	05/01/00	Signed by Governor

First Reader Summary

A BILL to amend Code Section 47-17-80 of the Official Code of Georgia Annotated, relating to retirement benefit options under the Peace Officers' Annuity and Benefit Fund, so as to eliminate certain restrictions and limitations with respect to the reemployment of retired members; and for other purposes.

HB 799                                            LC 21 5603S 
 
               ______________________________ offers the following 
      substitute to HB 799: 
 
 
 
                        A BILL TO BE ENTITLED 
                               AN ACT 
 
 
  1- 1  To amend Code Section 47-17-80 of the Official Code of 
  1- 2  Georgia Annotated, relating to retirement benefit options 
  1- 3  under the Peace Officers' Annuity and Benefit Fund, so as to 
  1- 4  provide that the retirement benefit of any member of such 
  1- 5  fund shall not be affected if such retired member becomes 
  1- 6  employed as a peace officer for not more than 1,040 hours in 
  1- 7  any calendar year; to provide conditions for an effective 
  1- 8  date and automatic repeal; to repeal conflicting laws; and 
  1- 9  for other purposes. 
 
  1-10       BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: 
 
  1-11                           SECTION 1. 
 
  1-12  Code Section 47-17-80 of the Official Code of Georgia 
  1-13  Annotated, relating to retirement benefit options under the 
  1-14  Peace Officers' Annuity and Benefit Fund, is amended by 
  1-15  striking in its entirety paragraph (2) of subsection (g) and 
  1-16  inserting in lieu thereof the following: 
 
  1-17      "(2) The provisions of paragraph (1) of this subsection 
  1-18      shall not apply to a retired member employed in any 
  1-19      capacity during the period beginning July 1, 1996, and 
  1-20      ending June 30, 1997 for 1,040 hours or less in any 
  1-21      calendar year." 
 
  1-22                           SECTION 2. 
 
  1-23  This Act shall become effective on July 1, 2000, only if it 
  1-24  is determined to have been concurrently funded as provided 
  1-25  in Chapter 20 of Title 47 of the Official Code of Georgia 
  1-26  Annotated, the "Public Retirement Systems Standards Law"; 
  1-27  otherwise, this Act shall not become effective and shall be 
  1-28  automatically repealed in its entirety on July 1, 2000, as 
  1-29  required by subsection (a) of Code Section 47-20-50. 
 
  1-30                           SECTION 3. 
 
  1-31  All laws and parts of laws in conflict with this Act are 
  1-32  repealed. 
 
 
 
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